9, READING CLOSE, LANGDON HILLS, BASILDON, SS16 6UF - £327,500

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

9 READING CLOSE is a large detached house of 126m², built sometime between 1996 and 2002. It was last sold for £327,500 in August 2011, which was around 4% below the average August 2011 detached price in the Basildon local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

9 READING CLOSE Sold Prices

Land registry data shows three sales for 9 READING 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 9 READING CLOSE sales were a mix of below the average price, roughly equal to the average price, and above 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
2011 19 AUG	£327,500	£340,893	4% below HPI
1998 21 MAY	£129,000	£120,731	7% above HPI
1995 27 OCT	£98,500	£98,825	Close to HPI

9 READING 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 9 READING CLOSE sales between October 1995 and August 2011 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 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2011 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 9 READING CLOSE?

9 READING CLOSE is 126m² according to the EPC inspection conducted in May 2011. This puts it in the largest 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 9 READING CLOSE lies on this distribution: 65% of detached houses are smaller than 9 READING CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Basildon.

9 READING CLOSE: Plot and Title Map

9 READING CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 9 READING 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 9 READING 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 9 READING CLOSE?

9 READING CLOSE is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 9 on READING CLOSE.