1, ELVERSTON CLOSE, LAINDON, BASILDON, SS15 5TY - £308,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ELVERSTON CLOSE is a large extended detached house of 137m², built sometime between 1983 and 1990. It was last sold for £308,000 in November 2014, which was around 24% below the average November 2014 detached price in the Basildon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

1 ELVERSTON CLOSE Sold Prices

Land registry data shows two sales for 1 ELVERSTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 1 ELVERSTON 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
2014 7 NOV	£308,000	£404,422	24% below HPI
1997 12 DEC	£110,000	£116,315	5% below HPI

1 ELVERSTON 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 two 1 ELVERSTON CLOSE sales from December 1997 and November 2014 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 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 ELVERSTON CLOSE?

1 ELVERSTON CLOSE is 137m², which includes two extensions, according to the EPC inspection conducted in November 2022. 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 1 ELVERSTON CLOSE lies on this distribution: 76% of detached houses are smaller than 1 ELVERSTON CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Basildon.

1 ELVERSTON CLOSE: Plot and Title Map

1 ELVERSTON CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 1 ELVERSTON 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 ELVERSTON 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 ELVERSTON CLOSE?

1 ELVERSTON CLOSE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 1 on ELVERSTON CLOSE.