8, MIMOSA CLOSE, LANGDON HILLS, BASILDON, SS16 6SZ - £570,000

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

8 MIMOSA CLOSE is a midsized detached house of 113m², built sometime between 1991 and 1995. It was last sold for £570,000 in January 2023, which was around 16% below the average January 2023 detached price in the Basildon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

8 MIMOSA CLOSE Sold Prices

Land registry data shows three sales for 8 MIMOSA 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. The three 8 MIMOSA CLOSE sales were a mix of below the average price, and roughly equal to 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 12 JAN	£570,000	£677,986	16% below HPI
2015 23 OCT	£395,000	£454,772	13% below HPI
1996 26 JUL	£100,000	£99,910	Close to HPI

8 MIMOSA 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 8 MIMOSA CLOSE sales between July 1996 and January 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 October 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 MIMOSA CLOSE?

8 MIMOSA CLOSE is 113m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 8 MIMOSA CLOSE lies on this distribution: 48% of detached houses are smaller than 8 MIMOSA CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Basildon.

8 MIMOSA CLOSE: Plot and Title Map

8 MIMOSA CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 8 MIMOSA 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 8 MIMOSA 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 8 MIMOSA CLOSE?

8 MIMOSA CLOSE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 8 on MIMOSA CLOSE.