17, MARKHAMS CLOSE, BASILDON, SS15 5NB - £363,000

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.

17 MARKHAMS CLOSE is a very small semi-detached house of 37m², which could now be worth an estimated £442,104. It was last sold for £363,000 in August 2019, which was around 6% above the average August 2019 semi-detached price in the Basildon local authority area. The most recent EPC inspection was April 2011, where the current energy rating was B, and the potential energy rating was B.

17 MARKHAMS CLOSE Sold Prices

Land registry data shows two sales for 17 MARKHAMS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Both of the two 17 MARKHAMS 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
2019 16 AUG	£363,000	£342,218	6% above HPI
2013 10 MAY	£249,995	£215,618	16% above HPI

17 MARKHAMS 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 two 17 MARKHAMS CLOSE sales from May 2013 and August 2019 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 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 17 MARKHAMS CLOSE be worth now?

17 MARKHAMS CLOSE might now be worth an estimated £442,104.

This is based on house price inflation of 21.8%, between August 2019 and February 2025, 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 21.8% inflationary increase is applied to the most recent sale price for 17 MARKHAMS CLOSE of £363,000 on 16th August 2019. For the value to have increased from £363,000 to £442,104 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 17 MARKHAMS CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The August 2019 sale price of £363,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MARKHAMS CLOSE has not materially changed since August 2019.

How Large is 17 MARKHAMS CLOSE?

17 MARKHAMS CLOSE is 37m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% 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 17 MARKHAMS CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 17 MARKHAMS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Basildon.

17 MARKHAMS CLOSE: Plot and Title Map

17 MARKHAMS CLOSE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 17 MARKHAMS 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 17 MARKHAMS 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 17 MARKHAMS CLOSE?

17 MARKHAMS CLOSE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 17 on MARKHAMS CLOSE.