8, MOUNTVIEW CLOSE, VANGE, BASILDON, SS16 4RN - £425,000

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

8 MOUNTVIEW CLOSE is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £425,000 in January 2022, which was around 32% below the average January 2022 detached price in the Basildon local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

8 MOUNTVIEW CLOSE Sold Prices

Land registry data shows four sales for 8 MOUNTVIEW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 8 MOUNTVIEW 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
2022 14 JAN	£425,000	£621,471	32% below HPI
2016 24 JUN	£322,500	£496,602	35% below HPI
2007 29 JUN	£223,995	£332,347	33% below HPI
1997 29 AUG	£84,950	£112,914	25% below HPI

8 MOUNTVIEW 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 four 8 MOUNTVIEW CLOSE sales between August 1997 and January 2022 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 June 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 MOUNTVIEW CLOSE?

8 MOUNTVIEW CLOSE is 89m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% 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 MOUNTVIEW CLOSE lies on this distribution: 19% of detached houses are smaller than 8 MOUNTVIEW CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Basildon.

8 MOUNTVIEW CLOSE: Plot and Title Map

8 MOUNTVIEW CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 8 MOUNTVIEW 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 MOUNTVIEW 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 MOUNTVIEW CLOSE?

8 MOUNTVIEW CLOSE is located in VANGE, in the SS16 postcode district. The below map shows the position of No. 8 on MOUNTVIEW CLOSE.