8, SPRUCE CLOSE, LAINDON, BASILDON, SS15 4DF - £440,000

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.

8 SPRUCE CLOSE is a small extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £490,975. It was last sold for £440,000 in June 2021, which was around 26% below the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

8 SPRUCE CLOSE Sold Prices

Land registry data shows one sale for 8 SPRUCE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Basildon local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 21 JUN	£440,000	£591,207	26% below HPI

What might 8 SPRUCE CLOSE be worth now?

8 SPRUCE CLOSE might now be worth an estimated £490,975.

This is based on house price inflation of 11.6%, between June 2021 and April 2026, for detached houses, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.6% inflationary increase is applied to the most recent sale price for 8 SPRUCE CLOSE of £440,000 on 21st June 2021. For the value to have increased from £440,000 to £490,975 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 8 SPRUCE CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPRUCE CLOSE has not materially changed since June 2021.

How Large is 8 SPRUCE CLOSE?

8 SPRUCE CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 8 SPRUCE CLOSE lies on this distribution: 27% of detached houses are smaller than 8 SPRUCE CLOSE, and 71% of detached houses are larger. Note that EPC data is not available for all properties in Basildon.

8 SPRUCE CLOSE: Plot

8 SPRUCE CLOSE sits on a plot of roughly 0.064 of an acre, or 257m².

Where is 8 SPRUCE CLOSE?

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