4, READING CLOSE, LANGDON HILLS, BASILDON, SS16 6UF - £249,995

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 READING CLOSE is a small extended semi-detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £498,946. It was last sold for £249,995 in May 2007, which was around 20% above the average May 2007 semi-detached price in the Basildon local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

4 READING CLOSE Sold Prices

Land registry data shows four sales for 4 READING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the four 4 READING 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
2007 18 MAY	£249,995	£208,507	20% above HPI
2002 14 FEB	£156,500	£121,709	29% above HPI
1997 26 AUG	£97,500	£66,337	47% above HPI
1996 23 APR	£80,500	£58,467	38% above HPI

4 READING 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 four 4 READING CLOSE sales between April 1996 and May 2007 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 February 2002 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2007 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 4 READING CLOSE be worth now?

4 READING CLOSE might now be worth an estimated £498,946.

This is based on house price inflation of 99.6%, between May 2007 and December 2024, 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 99.6% inflationary increase is applied to the most recent sale price for 4 READING CLOSE of £249,995 on 18th May 2007. For the value to have increased from £249,995 to £498,946 over the sixteen years and five months to December 2024, the following assumptions must hold true:

• The value of 4 READING CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The May 2007 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 4 READING CLOSE has not materially changed since May 2007.

How Large is 4 READING CLOSE?

4 READING CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% 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 4 READING CLOSE lies on this distribution: 33% of semi-detached houses houses are smaller than 4 READING CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Basildon.

4 READING CLOSE: Plot and Title Map

4 READING CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 4 READING 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 READING 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 READING CLOSE?

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