14, READING CLOSE, LANGDON HILLS, BASILDON, SS16 6UF - £228,000

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

14 READING CLOSE is a small semi-detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £438,466. It was last sold for £228,000 in September 2012, which was around 5% above the average September 2012 semi-detached price in the Basildon local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

14 READING CLOSE Sold Prices

Land registry data shows three sales for 14 READING 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 14 READING 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
2012 14 SEP	£228,000	£216,392	5% above HPI
2009 31 JUL	£220,000	£190,148	16% above HPI
1996 1 APR	£72,750	£58,467	24% above HPI

14 READING 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 14 READING CLOSE sales between April 1996 and September 2012 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 July 2009 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2012 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 14 READING CLOSE be worth now?

14 READING CLOSE might now be worth an estimated £438,466.

This is based on house price inflation of 92.3%, between September 2012 and December 2024, 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 92.3% inflationary increase is applied to the most recent sale price for 14 READING CLOSE of £228,000 on 14th September 2012. For the value to have increased from £228,000 to £438,466 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of 14 READING CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The September 2012 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 14 READING CLOSE has not materially changed since September 2012.

How Large is 14 READING CLOSE?

14 READING CLOSE is 98m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% 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 14 READING CLOSE lies on this distribution: 30% of semi-detached houses houses are smaller than 14 READING CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Basildon.

14 READING CLOSE: Plot and Title Map

14 READING CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 14 READING 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 14 READING 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 14 READING CLOSE?

14 READING CLOSE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 14 on READING CLOSE.