12, ROYAL OAK CHASE, LAINDON, BASILDON, SS15 5SJ - £524,300

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

12 ROYAL OAK CHASE is a midsized detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £520,023. It was last sold for £524,300 in October 2024, which was around 21% below the average October 2024 detached price in the Basildon local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

12 ROYAL OAK CHASE Sold Prices

Land registry data shows four sales for 12 ROYAL OAK CHASE 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 12 ROYAL OAK CHASE 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
2024 15 OCT	£524,300	£661,097	21% below HPI
2003 5 NOV	£245,000	£283,141	13% below HPI
2002 27 AUG	£230,000	£242,900	5% below HPI
2000 15 DEC	£166,500	£173,335	4% below HPI

12 ROYAL OAK CHASE 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 12 ROYAL OAK CHASE sales between December 2000 and October 2024 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 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 12 ROYAL OAK CHASE be worth now?

12 ROYAL OAK CHASE might now be worth an estimated £520,023.

This is based on house price deflation of 0.8%, between October 2024 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 0.8% deflationary decrease is applied to the most recent sale price for 12 ROYAL OAK CHASE of £524,300 on 15th October 2024. For the value to have decreased from £524,300 to £520,023 over the ten months to December 2024, the following assumptions must hold true:

• The value of 12 ROYAL OAK CHASE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2024 sale price of £524,300 represented a fair market value for the property.
• The size, condition, and specification of 12 ROYAL OAK CHASE has not materially changed since October 2024.

How Large is 12 ROYAL OAK CHASE?

12 ROYAL OAK CHASE is 115m² according to the EPC inspection conducted in August 2023. This puts it in the largest 50% 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 12 ROYAL OAK CHASE lies on this distribution: 50% of detached houses houses are smaller than 12 ROYAL OAK CHASE, and 49% of houses are larger. Note that EPC data is not available for all properties in Basildon.

12 ROYAL OAK CHASE: Plot and Title Map

12 ROYAL OAK CHASE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 12 ROYAL OAK CHASE, 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 12 ROYAL OAK CHASE). 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 12 ROYAL OAK CHASE?

12 ROYAL OAK CHASE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 12 on ROYAL OAK CHASE.