5, ALPHA CLOSE, BOWERS GIFFORD, BASILDON, SS13 2HZ - £297,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 ALPHA CLOSE is a very small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £297,500 in May 2017, which was around 45% below the average May 2017 detached price in the Basildon local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

5 ALPHA CLOSE Sold Prices

Land registry data shows two sales for 5 ALPHA 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 5 ALPHA 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
2017 12 MAY	£297,500	£537,659	45% below HPI
2014 30 MAY	£207,000	£377,631	45% below HPI

5 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 two 5 ALPHA CLOSE sales from May 2014 and May 2017 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 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2017 sale, which was also at 45% below the HPI.

How Large is 5 ALPHA CLOSE?

5 ALPHA CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in North Benfleet, based on EPC data. The below chart shows the distribution of detached houses by size in North Benfleet, and where 5 ALPHA CLOSE lies on this distribution: 18% of detached houses are smaller than 5 ALPHA CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in North Benfleet.

5 ALPHA CLOSE: Plot and Title Map

5 ALPHA CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 5 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 5 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 5 ALPHA CLOSE?

5 ALPHA CLOSE is located in BOWERS GIFFORD, in the SS13 postcode district. The below map shows the position of No. 5 on ALPHA CLOSE.