20, MARKHAMS CLOSE, BASILDON, SS15 5FJ - £367,000

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.

20 MARKHAMS CLOSE is a very small semi-detached house of 37m², which could now be worth an estimated £442,177. It was last sold for £367,000 in October 2018, which was around 6% above the average October 2018 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.

20 MARKHAMS CLOSE Sold Prices

Land registry data shows three sales for 20 MARKHAMS 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. All of the three 20 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
2018 11 OCT	£367,000	£345,932	6% above HPI
2014 4 JUL	£250,000	£242,261	3% above HPI
2012 27 JUL	£249,995	£210,268	19% above HPI

20 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 three 20 MARKHAMS CLOSE sales between July 2012 and October 2018 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 July 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2018 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 20 MARKHAMS CLOSE be worth now?

20 MARKHAMS CLOSE might now be worth an estimated £442,177.

This is based on house price inflation of 20.5%, between October 2018 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 20.5% inflationary increase is applied to the most recent sale price for 20 MARKHAMS CLOSE of £367,000 on 11th October 2018. For the value to have increased from £367,000 to £442,177 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 20 MARKHAMS CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The October 2018 sale price of £367,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MARKHAMS CLOSE has not materially changed since October 2018.

How Large is 20 MARKHAMS CLOSE?

20 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 20 MARKHAMS CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 20 MARKHAMS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Basildon.

20 MARKHAMS CLOSE: Plot and Title Map

20 MARKHAMS CLOSE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 20 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 20 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 20 MARKHAMS CLOSE?

20 MARKHAMS CLOSE is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 20 on MARKHAMS CLOSE.