5, LARCH CLOSE, LAINDON, BASILDON, SS15 4DY - £470,000

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

5 LARCH CLOSE is a small extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £470,000 in October 2023, which was around 29% below the average October 2023 detached price in the Basildon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

5 LARCH CLOSE Sold Prices

Land registry data shows three sales for 5 LARCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 5 LARCH 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
2023 20 OCT	£470,000	£661,449	29% below HPI
2009 24 APR	£235,000	£300,290	22% below HPI
2002 30 SEP	£219,000	£244,082	10% below HPI

5 LARCH 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 three 5 LARCH CLOSE sales between September 2002 and October 2023 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 April 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 LARCH CLOSE?

5 LARCH CLOSE is 104m², which includes three extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 5 LARCH CLOSE lies on this distribution: 35% of detached houses are smaller than 5 LARCH CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Basildon.

5 LARCH CLOSE: Plot and Title Map

5 LARCH CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 5 LARCH 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 LARCH 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 LARCH CLOSE?

5 LARCH CLOSE is located in LAINDON, in the SS15 postcode district. The below map shows the position of No. 5 on LARCH CLOSE.