10, READING CLOSE, LANGDON HILLS, BASILDON, SS16 6UF - £355,000

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

10 READING CLOSE is a large detached house of 132m², built sometime between 1996 and 2002. It was last sold for £355,000 in October 2010, which was around 3% above the average October 2010 detached price in the Basildon local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

10 READING CLOSE Sold Prices

Land registry data shows two sales for 10 READING 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 10 READING CLOSE sales were for above 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
2010 22 OCT	£355,000	£345,830	3% above HPI
1996 31 JAN	£136,000	£98,137	39% above HPI

10 READING 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 10 READING CLOSE sales from January 1996 and October 2010 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 January 1996 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2010 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 10 READING CLOSE?

10 READING CLOSE is 132m² according to the EPC inspection conducted in July 2010. 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 10 READING CLOSE lies on this distribution: 73% of detached houses are smaller than 10 READING CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Basildon.

10 READING CLOSE: Plot and Title Map

10 READING CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 10 READING 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 10 READING 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 10 READING CLOSE?

10 READING CLOSE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 10 on READING CLOSE.