1, CHORLEY CLOSE, LANGDON HILLS, BASILDON, SS16 6ST - £470,000

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.

1 CHORLEY CLOSE is a midsized extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £545,492. It was last sold for £470,000 in June 2020, which was around 17% below the average June 2020 detached price in the Basildon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

1 CHORLEY CLOSE Sold Prices

Land registry data shows three sales for 1 CHORLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 1 CHORLEY 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 26 JUN	£470,000	£567,982	17% below HPI
2018 14 DEC	£475,000	£560,807	15% below HPI
2001 19 FEB	£165,000	£172,489	4% below HPI

1 CHORLEY 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 three 1 CHORLEY CLOSE sales between February 2001 and June 2020 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 December 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 1 CHORLEY CLOSE be worth now?

1 CHORLEY CLOSE might now be worth an estimated £545,492.

This is based on house price inflation of 16.1%, between June 2020 and February 2025, 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 16.1% inflationary increase is applied to the most recent sale price for 1 CHORLEY CLOSE of £470,000 on 26th June 2020. For the value to have increased from £470,000 to £545,492 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 1 CHORLEY CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2020 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHORLEY CLOSE has not materially changed since June 2020.

How Large is 1 CHORLEY CLOSE?

1 CHORLEY CLOSE is 121m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basildon, and where 1 CHORLEY CLOSE lies on this distribution: 58% of detached houses houses are smaller than 1 CHORLEY CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Basildon.

1 CHORLEY CLOSE: Plot and Title Map

1 CHORLEY CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 1 CHORLEY 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 1 CHORLEY 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 1 CHORLEY CLOSE?

1 CHORLEY CLOSE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 1 on CHORLEY CLOSE.