THE ELMS, GARDINERS CLOSE, BASILDON, SS14 3AN - £335,000

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.

THE ELMS is a small semi-detached house of 74m², built in 2018, which could now be worth an estimated £398,775. It was last sold for £335,000 in July 2020, which was around 5% below the average July 2020 semi-detached price in the Basildon local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

THE ELMS Sold Prices

Land registry data shows one sale for THE ELMS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2020 31 JUL	£335,000	£350,872	5% below HPI

What might THE ELMS be worth now?

THE ELMS might now be worth an estimated £398,775.

This is based on house price inflation of 19%, between July 2020 and May 2026, for semi-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 19% inflationary increase is applied to the most recent sale price for THE ELMS of £335,000 on 31st July 2020. For the value to have increased from £335,000 to £398,775 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of THE ELMS has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The July 2020 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of THE ELMS has not materially changed since July 2020.

How Large is THE ELMS?

THE ELMS is 74m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of semi-detached houses in Basildon, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Basildon, and where THE ELMS lies on this distribution: 22% of semi-detached houses are smaller than THE ELMS, and 77% of semi-detached houses are larger. Note that EPC data is not available for all properties in Basildon.

THE ELMS: Plot

THE ELMS sits on a plot of roughly 0.069 of an acre, or 279m².

Where is THE ELMS?

THE ELMS is located on GARDINERS CLOSE in BASILDON, in the SS14 postcode district.