11, MEDOC CLOSE, BASILDON, SS13 1NR - £72,000

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

11 MEDOC CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £72,000 in July 1998, which was around 44% below the average July 1998 detached price in the Basildon local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

11 MEDOC CLOSE Sold Prices

Land registry data shows three sales for 11 MEDOC CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 11 MEDOC 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
1998 31 JUL	£72,000	£128,698	44% below HPI
1995 24 NOV	£64,000	£100,782	36% below HPI
1995 15 SEP	£63,000	£98,107	36% below HPI

11 MEDOC 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 three 11 MEDOC CLOSE sales between September 1995 and July 1998 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 November 1995 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 1998 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 11 MEDOC CLOSE?

11 MEDOC CLOSE is 74m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 11 MEDOC CLOSE lies on this distribution: 6% of detached houses are smaller than 11 MEDOC CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Basildon.

11 MEDOC CLOSE: Plot and Title Map

11 MEDOC CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 11 MEDOC 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 MEDOC 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 MEDOC CLOSE?

11 MEDOC CLOSE is located in BASILDON, in the SS13 postcode district. The below map shows the position of No. 11 on MEDOC CLOSE.