2, LARCH CLOSE, LAINDON, BASILDON, SS15 4DY - £392,500

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.

2 LARCH CLOSE is a very small extended semi-detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £452,830. It was last sold for £392,500 in March 2021, which was around 9% above the average March 2021 semi-detached price in the Basildon local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

2 LARCH CLOSE Sold Prices

Land registry data shows two sales for 2 LARCH 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 2 LARCH 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
2021 17 MAR	£392,500	£361,264	9% above HPI
2004 23 FEB	£200,000	£176,462	13% above HPI

2 LARCH 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 2 LARCH CLOSE sales from February 2004 and March 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 February 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 LARCH CLOSE be worth now?

2 LARCH CLOSE might now be worth an estimated £452,830.

This is based on house price inflation of 15.4%, between March 2021 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 15.4% inflationary increase is applied to the most recent sale price for 2 LARCH CLOSE of £392,500 on 17th March 2021. For the value to have increased from £392,500 to £452,830 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 2 LARCH CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The March 2021 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LARCH CLOSE has not materially changed since March 2021.

How Large is 2 LARCH CLOSE?

2 LARCH CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in October 2020. 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 2 LARCH CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 2 LARCH CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Basildon.

2 LARCH CLOSE: Plot and Title Map

2 LARCH CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 2 LARCH 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 LARCH 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 LARCH CLOSE?

2 LARCH CLOSE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 2 on LARCH CLOSE.