7, SPRUCE CLOSE, LAINDON, BASILDON, SS15 4DF - £163,000

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 SPRUCE CLOSE is a very small flat of 41m², built sometime between 1991 and 1995, which could now be worth an estimated £174,054. It was last sold for £163,000 in July 2020, which was around 5% below the average July 2020 flat price in the Basildon local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

7 SPRUCE CLOSE Sold Prices

Land registry data shows two sales for 7 SPRUCE 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 SPRUCE CLOSE sales were for below 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
2020 3 JUL	£163,000	£171,756	5% below HPI
2016 3 MAR	£127,000	£148,784	15% below HPI

What might 7 SPRUCE CLOSE be worth now?

7 SPRUCE CLOSE might now be worth an estimated £174,054.

This is based on house price inflation of 6.8%, between July 2020 and April 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 6.8% inflationary increase is applied to the most recent sale price for 7 SPRUCE CLOSE of £163,000 on 3rd July 2020. For the value to have increased from £163,000 to £174,054 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 7 SPRUCE CLOSE has moved in line with the HPI for flats in the Basildon local authority area.
• The July 2020 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPRUCE CLOSE has not materially changed since July 2020.

How Large is 7 SPRUCE CLOSE?

7 SPRUCE CLOSE is 41m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of flats in Basildon, based on EPC data. 11% of flats are smaller than 7 SPRUCE CLOSE, and 89% of flats are larger. Note that EPC data is not available for all properties in Basildon.

7 SPRUCE CLOSE: Plot

7 SPRUCE CLOSE sits on a plot of roughly 0.288 of an acre, or 1,167m².

Where is 7 SPRUCE CLOSE?

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