8, SAVOY CLOSE, LANGDON HILLS, BASILDON, SS16 6GG - £294,000

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

8 SAVOY CLOSE is a midsized detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £652,530. It was last sold for £294,000 in June 2004, which was about the average June 2004 detached price in the Basildon local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

8 SAVOY CLOSE Sold Prices

Land registry data shows three sales for 8 SAVOY 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 SAVOY CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2004 25 JUN	£294,000	£295,430	Close to HPI
2001 26 SEP	£210,000	£197,892	6% above HPI
1998 31 JUL	£128,000	£129,504	1% below HPI

8 SAVOY 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 SAVOY CLOSE sales between July 1998 and June 2004 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 September 2001 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2004 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 SAVOY CLOSE be worth now?

8 SAVOY CLOSE might now be worth an estimated £652,530.

This is based on house price inflation of 121.9%, between June 2004 and December 2024, for 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 121.9% inflationary increase is applied to the most recent sale price for 8 SAVOY CLOSE of £294,000 on 25th June 2004. For the value to have increased from £294,000 to £652,530 over the nineteen years and six months to December 2024, the following assumptions must hold true:

• The value of 8 SAVOY CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2004 sale price of £294,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SAVOY CLOSE has not materially changed since June 2004.

How Large is 8 SAVOY CLOSE?

8 SAVOY CLOSE is 115m² according to the EPC inspection conducted in May 2012. This puts it in the largest 50% of detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basildon, and where 8 SAVOY CLOSE lies on this distribution: 50% of detached houses houses are smaller than 8 SAVOY CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Basildon.

8 SAVOY CLOSE: Plot and Title Map

8 SAVOY CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 8 SAVOY 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 SAVOY 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 SAVOY CLOSE?

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