1, DERBY CLOSE, BILLERICAY, CM11 1SZ - £306,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 DERBY CLOSE is a midsized detached house of 138m², built sometime between 1976 and 1982, which could now be worth an estimated £733,289. It was last sold for £306,000 in April 2003, which was around 11% above the average April 2003 detached price in the Basildon local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

1 DERBY CLOSE Sold Prices

Land registry data shows two sales for 1 DERBY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 1 DERBY CLOSE sales were for 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
2003 14 APR	£306,000	£275,088	11% above HPI
1998 20 FEB	£149,083	£121,330	23% above HPI

1 DERBY 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 two 1 DERBY CLOSE sales from February 1998 and April 2003 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 February 1998 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2003 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 1 DERBY CLOSE be worth now?

1 DERBY CLOSE might now be worth an estimated £733,289.

This is based on house price inflation of 139.6%, between April 2003 and February 2025, 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 139.6% inflationary increase is applied to the most recent sale price for 1 DERBY CLOSE of £306,000 on 14th April 2003. For the value to have increased from £306,000 to £733,289 over the 22 years and two months to February 2025, the following assumptions must hold true:

• The value of 1 DERBY CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The April 2003 sale price of £306,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DERBY CLOSE has not materially changed since April 2003.

How Large is 1 DERBY CLOSE?

1 DERBY CLOSE is 138m² according to the EPC inspection conducted in July 2009. This puts it in the largest 50% of detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billericay, and where 1 DERBY CLOSE lies on this distribution: 54% of detached houses houses are smaller than 1 DERBY CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Billericay.

1 DERBY CLOSE: Plot and Title Map

1 DERBY CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 1 DERBY 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 1 DERBY 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 1 DERBY CLOSE?

1 DERBY CLOSE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 1 on DERBY CLOSE.