1, MIMOSA CLOSE, LANGDON HILLS, BASILDON, SS16 6SZ - £430,000

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 MIMOSA CLOSE is a large extended detached house of 125m², built sometime between 1991 and 1995. It was last sold for £430,000 in December 2019, which was around 23% below the average December 2019 detached price in the Basildon local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

1 MIMOSA CLOSE Sold Prices

Land registry data shows four sales for 1 MIMOSA 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. Most of the four 1 MIMOSA 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
2019 19 DEC	£430,000	£555,636	23% below HPI
2006 13 APR	£275,000	£311,629	12% below HPI
2000 10 AUG	£178,995	£172,195	4% above HPI
1996 5 JAN	£91,500	£98,137	7% below HPI

1 MIMOSA 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 1 MIMOSA CLOSE sales between January 1996 and December 2019 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 April 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 MIMOSA CLOSE?

1 MIMOSA CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 40% 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 MIMOSA CLOSE lies on this distribution: 62% of detached houses are smaller than 1 MIMOSA CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Basildon.

1 MIMOSA CLOSE: Plot and Title Map

1 MIMOSA CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 1 MIMOSA 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 MIMOSA 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 MIMOSA CLOSE?

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