15, RUTLAND CLOSE, BASILDON, SS15 6QX - £430,000

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

15 RUTLAND CLOSE is a midsized extended detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £482,940. It was last sold for £430,000 in May 2021, which was around 26% below the average May 2021 detached price in the Basildon local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

15 RUTLAND CLOSE Sold Prices

Land registry data shows two sales for 15 RUTLAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 15 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
2021 27 MAY	£430,000	£583,826	26% below HPI
2000 28 JUL	£145,000	£170,042	15% below HPI

15 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 two 15 RUTLAND CLOSE sales from July 2000 and May 2021 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 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 RUTLAND CLOSE be worth now?

15 RUTLAND CLOSE might now be worth an estimated £482,940.

This is based on house price inflation of 12.3%, between May 2021 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 12.3% inflationary increase is applied to the most recent sale price for 15 RUTLAND CLOSE of £430,000 on 27th May 2021. For the value to have increased from £430,000 to £482,940 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 15 RUTLAND CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RUTLAND CLOSE has not materially changed since May 2021.

How Large is 15 RUTLAND CLOSE?

15 RUTLAND CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in February 2021. 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 15 RUTLAND CLOSE lies on this distribution: 58% of detached houses houses are smaller than 15 RUTLAND CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Basildon.

15 RUTLAND CLOSE: Plot and Title Map

15 RUTLAND CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 15 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 15 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 15 RUTLAND CLOSE?

15 RUTLAND CLOSE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 15 on RUTLAND CLOSE.