7, HAZEL CLOSE, LAINDON, BASILDON, SS15 5GT - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 HAZEL CLOSE is a midsized flat of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £231,611. It was last sold for £220,000 in September 2017, which was around 25% above the average September 2017 flat price in the Basildon local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.

7 HAZEL CLOSE Sold Prices

Land registry data shows two sales for 7 HAZEL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Basildon local authority area for the corresponding sale date. Both of the two 7 HAZEL CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 6 SEP	£220,000	£175,743	25% above HPI
2000 21 JUL	£82,560	£51,753	60% above HPI

What might 7 HAZEL CLOSE be worth now?

7 HAZEL CLOSE might now be worth an estimated £231,611.

This is based on house price inflation of 5.3%, between September 2017 and May 2026, for flats, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.3% inflationary increase is applied to the most recent sale price for 7 HAZEL CLOSE of £220,000 on 6th September 2017. For the value to have increased from £220,000 to £231,611 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 7 HAZEL CLOSE has moved in line with the HPI for flats in the Basildon local authority area.
• The September 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HAZEL CLOSE has not materially changed since September 2017.

How Large is 7 HAZEL CLOSE?

7 HAZEL CLOSE is 53m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of flats in Basildon, based on EPC data. 48% of flats are smaller than 7 HAZEL CLOSE, and 49% of flats are larger. Note that EPC data is not available for all properties in Basildon.

Where is 7 HAZEL CLOSE?

7 HAZEL CLOSE is located in LAINDON, in the SS15 postcode district.