11, OAKHAM CLOSE, LANGDON HILLS, BASILDON, SS16 6NX - £305,000

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 OAKHAM CLOSE is a small extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £565,846. It was last sold for £305,000 in July 2008, which was around 14% below the average July 2008 detached price in the Basildon local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

11 OAKHAM CLOSE Sold Prices

Land registry data shows four sales for 11 OAKHAM 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 11 OAKHAM 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
2008 8 JUL	£305,000	£355,326	14% below HPI
2005 26 MAY	£250,000	£310,627	20% below HPI
1998 16 SEP	£125,000	£128,905	3% below HPI
1997 14 MAR	£107,000	£109,034	2% below HPI

11 OAKHAM 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 11 OAKHAM CLOSE sales between March 1997 and July 2008 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 May 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2008 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 11 OAKHAM CLOSE be worth now?

11 OAKHAM CLOSE might now be worth an estimated £565,846.

This is based on house price inflation of 85.5%, between July 2008 and February 2025, 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 85.5% inflationary increase is applied to the most recent sale price for 11 OAKHAM CLOSE of £305,000 on 8th July 2008. For the value to have increased from £305,000 to £565,846 over the seventeen years and five months to February 2025, the following assumptions must hold true:

• The value of 11 OAKHAM CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2008 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OAKHAM CLOSE has not materially changed since July 2008.

How Large is 11 OAKHAM CLOSE?

11 OAKHAM CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% 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 11 OAKHAM CLOSE lies on this distribution: 37% of detached houses houses are smaller than 11 OAKHAM CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Basildon.

11 OAKHAM CLOSE: Plot and Title Map

11 OAKHAM CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 11 OAKHAM 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 OAKHAM 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 OAKHAM CLOSE?

11 OAKHAM CLOSE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 11 on OAKHAM CLOSE.