18, FORD CLOSE, LAINDON, BASILDON, SS15 6JZ - £340,000

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.

18 FORD CLOSE is a midsized detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £515,241. It was last sold for £340,000 in June 2015, which was around 22% below the average June 2015 detached price in the Basildon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

18 FORD CLOSE Sold Prices

Land registry data shows two sales for 18 FORD 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 18 FORD 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
2015 22 JUN	£340,000	£435,004	22% below HPI
1999 10 DEC	£133,000	£148,467	10% below HPI

18 FORD 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 18 FORD CLOSE sales from December 1999 and June 2015 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 December 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 18 FORD CLOSE be worth now?

18 FORD CLOSE might now be worth an estimated £515,241.

This is based on house price inflation of 51.5%, between June 2015 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 51.5% inflationary increase is applied to the most recent sale price for 18 FORD CLOSE of £340,000 on 22nd June 2015. For the value to have increased from £340,000 to £515,241 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 18 FORD CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FORD CLOSE has not materially changed since June 2015.

How Large is 18 FORD CLOSE?

18 FORD CLOSE is 110m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 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 18 FORD CLOSE lies on this distribution: 42% of detached houses houses are smaller than 18 FORD CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Basildon.

18 FORD CLOSE: Plot and Title Map

18 FORD CLOSE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 18 FORD 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 18 FORD 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 18 FORD CLOSE?

18 FORD CLOSE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 18 on FORD CLOSE.