5, OAKHAM CLOSE, LANGDON HILLS, BASILDON, SS16 6NX - £575,000

5 OAKHAM CLOSE is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £575,000 in July 2022, which was around 13% below the average July 2022 detached price in the Basildon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

5 OAKHAM CLOSE Sold Prices

Land registry data shows four sales for 5 OAKHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 5 OAKHAM 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
2022 5 JUL	£575,000	£657,425	13% below HPI
2006 30 OCT	£285,000	£317,276	10% below HPI
2005 1 FEB	£186,287	£309,064	40% below HPI
1996 11 OCT	£100,000	£105,457	5% below HPI

5 OAKHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The four 5 OAKHAM CLOSE sales between October 1996 and July 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 OAKHAM CLOSE?

5 OAKHAM CLOSE is 131m² according to the EPC inspection conducted in September 2015. This puts it in the largest 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 5 OAKHAM CLOSE lies on this distribution: 71% of detached houses are smaller than 5 OAKHAM CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Basildon.

5 OAKHAM CLOSE: Plot and Title Map

5 OAKHAM CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 5 OAKHAM CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 OAKHAM CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 OAKHAM CLOSE?

5 OAKHAM CLOSE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 5 on OAKHAM CLOSE.