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

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

10 READING CLOSE is a large detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £668,899. It was last sold for £355,000 in October 2010, which was around 2% 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	£347,997	2% above HPI
1996 31 JAN	£136,000	£98,752	38% 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 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2010 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 10 READING CLOSE be worth now?

10 READING CLOSE might now be worth an estimated £668,899.

This is based on house price inflation of 88.4%, between October 2010 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 88.4% inflationary increase is applied to the most recent sale price for 10 READING CLOSE of £355,000 on 22nd October 2010. For the value to have increased from £355,000 to £668,899 over the thirteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 10 READING CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2010 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 10 READING CLOSE has not materially changed since October 2010.

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 houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basildon, and where 10 READING CLOSE lies on this distribution: 73% of detached houses 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.