3, REEVES CLOSE, LANGDON HILLS, BASILDON, SS16 6PD - £370,000

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 REEVES CLOSE is a very small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £370,000 in July 2016, which was around 27% below the average July 2016 detached price in the Basildon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

3 REEVES CLOSE Sold Prices

Land registry data shows two sales for 3 REEVES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 3 REEVES 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
2016 11 JUL	£370,000	£505,043	27% below HPI
1997 31 JUL	£110,000	£110,905	1% below HPI

3 REEVES 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 two 3 REEVES CLOSE sales from July 1997 and July 2016 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 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 REEVES CLOSE?

3 REEVES CLOSE is 88m² according to the EPC inspection conducted in April 2016. 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 REEVES CLOSE lies on this distribution: 18% of detached houses are smaller than 3 REEVES CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Basildon.

3 REEVES CLOSE: Plot and Title Map

3 REEVES CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 3 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 3 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 3 REEVES CLOSE?

3 REEVES CLOSE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 3 on REEVES CLOSE.