12, RUTLAND CLOSE, BASILDON, SS15 6QX - £249,500

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.

12 RUTLAND CLOSE is a small detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £459,006. It was last sold for £249,500 in July 2013, which was around 30% below the average July 2013 detached price in the Basildon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

12 RUTLAND CLOSE Sold Prices

Land registry data shows three sales for 12 RUTLAND 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 12 RUTLAND 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
2013 5 JUL	£249,500	£358,325	30% below HPI
2010 1 SEP	£242,500	£350,549	31% below HPI
1999 24 MAY	£94,000	£130,792	28% below HPI

12 RUTLAND 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 12 RUTLAND CLOSE sales between May 1999 and July 2013 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 September 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2013 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 12 RUTLAND CLOSE be worth now?

12 RUTLAND CLOSE might now be worth an estimated £459,006.

This is based on house price inflation of 84%, between July 2013 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 84% inflationary increase is applied to the most recent sale price for 12 RUTLAND CLOSE of £249,500 on 5th July 2013. For the value to have increased from £249,500 to £459,006 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of 12 RUTLAND CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2013 sale price of £249,500 represented a fair market value for the property.
• The size, condition, and specification of 12 RUTLAND CLOSE has not materially changed since July 2013.

How Large is 12 RUTLAND CLOSE?

12 RUTLAND CLOSE is 94m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% 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 RUTLAND CLOSE lies on this distribution: 24% of detached houses houses are smaller than 12 RUTLAND CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Basildon.

12 RUTLAND CLOSE: Plot and Title Map

12 RUTLAND CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 12 RUTLAND 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 12 RUTLAND 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 12 RUTLAND CLOSE?

12 RUTLAND CLOSE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 12 on RUTLAND CLOSE.