2A, ALPHA CLOSE, BOWERS GIFFORD, BASILDON, SS13 2HZ - £360,000

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

2A ALPHA CLOSE is a large detached house of 165m², built sometime between 1983 and 1990, which could now be worth an estimated £607,266. It was last sold for £360,000 in June 2014, which was around 7% below the average June 2014 detached price in the Basildon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

2A ALPHA CLOSE Sold Prices

Land registry data shows three sales for 2A ALPHA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. One of the three 2A ALPHA CLOSE sales was for below the average price, whilst two 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
2014 10 JUN	£360,000	£388,715	7% below HPI
2001 4 MAY	£205,000	£182,445	12% above HPI
1997 4 JUL	£115,000	£111,600	3% above HPI

2A ALPHA 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 three 2A ALPHA CLOSE sales between July 1997 and June 2014 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 May 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2014 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2A ALPHA CLOSE be worth now?

2A ALPHA CLOSE might now be worth an estimated £607,266.

This is based on house price inflation of 68.7%, between June 2014 and December 2024, 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 68.7% inflationary increase is applied to the most recent sale price for 2A ALPHA CLOSE of £360,000 on 10th June 2014. For the value to have increased from £360,000 to £607,266 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 2A ALPHA CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2014 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2A ALPHA CLOSE has not materially changed since June 2014.

How Large is 2A ALPHA CLOSE?

2A ALPHA CLOSE is 165m² according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Benfleet, and where 2A ALPHA CLOSE lies on this distribution: 75% of detached houses houses are smaller than 2A ALPHA CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

2A ALPHA CLOSE: Plot and Title Map

2A ALPHA CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 2A 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 2A 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 2A ALPHA CLOSE?

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