10, SPRUCE CLOSE, LAINDON, BASILDON, SS15 4DF - £327,000

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 SPRUCE CLOSE is a very small detached house of 83m², built sometime between 2003 and 2006. It was last sold for £327,000 in May 2019, which was around 40% below the average May 2019 detached price in the Basildon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

10 SPRUCE CLOSE Sold Prices

Land registry data shows four sales for 10 SPRUCE 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. All of the four 10 SPRUCE 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 15 MAY	£327,000	£546,551	40% below HPI
2006 11 AUG	£235,000	£315,717	26% below HPI
2003 14 MAR	£189,995	£269,152	29% below HPI
1998 6 FEB	£102,000	£120,574	15% below HPI

10 SPRUCE 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 10 SPRUCE CLOSE sales between February 1998 and May 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 August 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 10 SPRUCE CLOSE?

10 SPRUCE CLOSE is 83m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% 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 SPRUCE CLOSE lies on this distribution: 11% of detached houses are smaller than 10 SPRUCE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Basildon.

10 SPRUCE CLOSE: Plot and Title Map

10 SPRUCE CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 10 SPRUCE 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 SPRUCE 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 SPRUCE CLOSE?

10 SPRUCE CLOSE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 10 on SPRUCE CLOSE.