11, MARKHAMS CLOSE, BASILDON, SS15 5NB - £395,000

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.

11 MARKHAMS CLOSE is a very small semi-detached house of 37m², which could now be worth an estimated £455,714. It was last sold for £395,000 in March 2021, which was around 9% above the average March 2021 semi-detached price in the Basildon local authority area. The most recent EPC inspection was April 2011, where the current energy rating was B, and the potential energy rating was B.

11 MARKHAMS CLOSE Sold Prices

Land registry data shows three sales for 11 MARKHAMS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the three 11 MARKHAMS 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
2021 12 MAR	£395,000	£361,264	9% above HPI
2018 19 OCT	£383,000	£345,932	11% above HPI
2013 14 AUG	£245,000	£218,401	12% above HPI

11 MARKHAMS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The three 11 MARKHAMS CLOSE sales between August 2013 and March 2021 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 October 2018 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 11 MARKHAMS CLOSE be worth now?

11 MARKHAMS CLOSE might now be worth an estimated £455,714.

This is based on house price inflation of 15.4%, between March 2021 and February 2025, for semi-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 15.4% inflationary increase is applied to the most recent sale price for 11 MARKHAMS CLOSE of £395,000 on 12th March 2021. For the value to have increased from £395,000 to £455,714 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 11 MARKHAMS CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The March 2021 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MARKHAMS CLOSE has not materially changed since March 2021.

How Large is 11 MARKHAMS CLOSE?

11 MARKHAMS CLOSE is 37m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of semi-detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Basildon, and where 11 MARKHAMS CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 11 MARKHAMS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Basildon.

11 MARKHAMS CLOSE: Plot and Title Map

11 MARKHAMS CLOSE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 11 MARKHAMS 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 11 MARKHAMS 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 11 MARKHAMS CLOSE?

11 MARKHAMS CLOSE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 11 on MARKHAMS CLOSE.