Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 OXFORD CLOSE is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £375,000 in May 2021, which was around 35% below the average May 2021 detached price in the Basildon local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 3 OXFORD CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the five 3 OXFORD CLOSE sales 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 |
---|---|---|---|
2021 28 MAY | £375,000 | £580,190 | 35% below HPI |
2012 8 OCT | £250,000 | £353,933 | 29% below HPI |
2010 14 OCT | £274,500 | £345,830 | 21% below HPI |
1999 15 DEC | £110,500 | £147,542 | 25% below HPI |
1996 31 MAY | £99,995 | £98,144 | 2% above HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The five 3 OXFORD CLOSE sales between May 1996 and May 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 October 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
3 OXFORD CLOSE is 83m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 3 OXFORD CLOSE lies on this distribution: 11% of detached houses are smaller than 3 OXFORD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Basildon.
3 OXFORD CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 3 OXFORD 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 3 OXFORD 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.
3 OXFORD CLOSE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 3 on OXFORD CLOSE.