4, OAKHAM CLOSE, LANGDON HILLS, BASILDON, SS16 6NX - £317,500

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

4 OAKHAM CLOSE is a small detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £567,662. It was last sold for £317,500 in November 2013, which was around 13% below the average November 2013 detached price in the Basildon local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

4 OAKHAM CLOSE Sold Prices

Land registry data shows two sales for 4 OAKHAM 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. One of the two 4 OAKHAM CLOSE sales was for below the average price, whilst the other was 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
2013 29 NOV	£317,500	£366,743	13% below HPI
1997 18 SEP	£128,000	£117,948	9% above HPI

4 OAKHAM 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 4 OAKHAM CLOSE sales from September 1997 and November 2013 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 1997 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 OAKHAM CLOSE be worth now?

4 OAKHAM CLOSE might now be worth an estimated £567,662.

This is based on house price inflation of 78.8%, between November 2013 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 78.8% inflationary increase is applied to the most recent sale price for 4 OAKHAM CLOSE of £317,500 on 29th November 2013. For the value to have increased from £317,500 to £567,662 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 OAKHAM CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2013 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKHAM CLOSE has not materially changed since November 2013.

How Large is 4 OAKHAM CLOSE?

4 OAKHAM CLOSE is 108m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% of detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basildon, and where 4 OAKHAM CLOSE lies on this distribution: 40% of detached houses houses are smaller than 4 OAKHAM CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Basildon.

4 OAKHAM CLOSE: Plot and Title Map

4 OAKHAM CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 4 OAKHAM 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 4 OAKHAM 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 4 OAKHAM CLOSE?

4 OAKHAM CLOSE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 4 on OAKHAM CLOSE.