2, ALPHA CLOSE, BOWERS GIFFORD, BASILDON, SS13 2HZ - £365,000

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

2 ALPHA CLOSE is a very small semi-detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £451,529. It was last sold for £365,000 in November 2017, which was around 9% above the average November 2017 semi-detached price in the Basildon local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

2 ALPHA CLOSE Sold Prices

Land registry data shows three sales for 2 ALPHA 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. One of the three 2 ALPHA CLOSE sales was for above the average price, whilst two 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
2017 22 NOV	£365,000	£336,395	9% above HPI
2010 23 APR	£203,000	£204,451	1% below HPI
1998 30 JAN	£64,000	£69,435	8% below HPI

2 ALPHA 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 2 ALPHA CLOSE sales between January 1998 and November 2017 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 April 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2017 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 ALPHA CLOSE be worth now?

2 ALPHA CLOSE might now be worth an estimated £451,529.

This is based on house price inflation of 23.7%, between November 2017 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 23.7% inflationary increase is applied to the most recent sale price for 2 ALPHA CLOSE of £365,000 on 22nd November 2017. For the value to have increased from £365,000 to £451,529 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 ALPHA CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The November 2017 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALPHA CLOSE has not materially changed since November 2017.

How Large is 2 ALPHA CLOSE?

2 ALPHA CLOSE is 67m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of semi-detached houses houses in North Benfleet, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Benfleet, and where 2 ALPHA CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 2 ALPHA CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

2 ALPHA CLOSE: Plot and Title Map

2 ALPHA CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 2 ALPHA 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 2 ALPHA 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 2 ALPHA CLOSE?

2 ALPHA CLOSE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 2 on ALPHA CLOSE.