2, REEVES CLOSE, LANGDON HILLS, BASILDON, SS16 6PD - £545,000

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 REEVES CLOSE is a small extended semi-detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £545,160. It was last sold for £545,000 in October 2024, which was around 31% above the average October 2024 semi-detached price in the Basildon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

2 REEVES CLOSE Sold Prices

Land registry data shows five sales for 2 REEVES CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Most of the five 2 REEVES 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
2024 9 OCT	£545,000	£416,021	31% above HPI
2016 9 SEP	£395,000	£320,523	23% above HPI
2010 20 DEC	£267,500	£203,126	32% above HPI
2003 20 OCT	£79,056	£171,249	54% below HPI
1997 25 JUL	£110,000	£65,522	68% above HPI

2 REEVES 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 five 2 REEVES CLOSE sales between July 1997 and October 2024 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 September 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2024 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 2 REEVES CLOSE be worth now?

2 REEVES CLOSE might now be worth an estimated £545,160.

This is based on house price inflation of 0%, between October 2024 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 0% inflationary increase is applied to the most recent sale price for 2 REEVES CLOSE of £545,000 on 9th October 2024. For the value to have increased from £545,000 to £545,160 over the ten months to December 2024, the following assumptions must hold true:

• The value of 2 REEVES CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The October 2024 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REEVES CLOSE has not materially changed since October 2024.

How Large is 2 REEVES CLOSE?

2 REEVES CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% 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 REEVES CLOSE lies on this distribution: 28% of semi-detached houses houses are smaller than 2 REEVES CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Basildon.

2 REEVES CLOSE: Plot and Title Map

2 REEVES CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 2 REEVES 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 REEVES 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 REEVES CLOSE?

2 REEVES CLOSE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 2 on REEVES CLOSE.