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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ELVERSTON CLOSE is a large extended detached house of 137m², built sometime between 1983 and 1990, which could now be worth an estimated £496,261. 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	£406,957	24% below HPI
1997 12 DEC	£110,000	£117,044	6% 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 6% below the HPI. So the extrapolation line tracks at 6% 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.

What might 1 ELVERSTON CLOSE be worth now?

1 ELVERSTON CLOSE might now be worth an estimated £496,261.

This is based on house price inflation of 61.1%, between November 2014 and December 2024, 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 61.1% inflationary increase is applied to the most recent sale price for 1 ELVERSTON CLOSE of £308,000 on 7th November 2014. For the value to have increased from £308,000 to £496,261 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 ELVERSTON CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2014 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELVERSTON CLOSE has not materially changed since November 2014.

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 houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basildon, and where 1 ELVERSTON CLOSE lies on this distribution: 76% of detached houses 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.