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

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 MIMOSA CLOSE is a large extended detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £506,979. 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	£559,118	23% below HPI
2006 13 APR	£275,000	£313,582	12% below HPI
2000 10 AUG	£178,995	£173,275	3% above HPI
1996 5 JAN	£91,500	£98,752	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.

What might 1 MIMOSA CLOSE be worth now?

1 MIMOSA CLOSE might now be worth an estimated £506,979.

This is based on house price inflation of 17.9%, between December 2019 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 17.9% inflationary increase is applied to the most recent sale price for 1 MIMOSA CLOSE of £430,000 on 19th December 2019. For the value to have increased from £430,000 to £506,979 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 MIMOSA CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2019 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MIMOSA CLOSE has not materially changed since December 2019.

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 houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basildon, and where 1 MIMOSA CLOSE lies on this distribution: 62% of detached houses 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.