1, NEWLANDS ROAD, BILLERICAY, CM12 0QE - £482,500

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 NEWLANDS ROAD is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £569,685. It was last sold for £482,500 in May 2018, which was around 14% below the average May 2018 detached price in the Basildon local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

1 NEWLANDS ROAD Sold Prices

Land registry data shows two sales for 1 NEWLANDS ROAD 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 NEWLANDS ROAD 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
2018 11 MAY	£482,500	£558,326	14% below HPI
2014 24 APR	£250,000	£374,609	33% below HPI

1 NEWLANDS ROAD 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 NEWLANDS ROAD sales from April 2014 and May 2018 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 April 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 NEWLANDS ROAD be worth now?

1 NEWLANDS ROAD might now be worth an estimated £569,685.

This is based on house price inflation of 18.1%, between May 2018 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 18.1% inflationary increase is applied to the most recent sale price for 1 NEWLANDS ROAD of £482,500 on 11th May 2018. For the value to have increased from £482,500 to £569,685 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 1 NEWLANDS ROAD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2018 sale price of £482,500 represented a fair market value for the property.
• The size, condition, and specification of 1 NEWLANDS ROAD has not materially changed since May 2018.

How Large is 1 NEWLANDS ROAD?

1 NEWLANDS ROAD is 76m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% 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 NEWLANDS ROAD lies on this distribution: 6% of detached houses houses are smaller than 1 NEWLANDS ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Billericay.

1 NEWLANDS ROAD: Plot and Title Map

1 NEWLANDS ROAD sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 1 NEWLANDS ROAD, 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 NEWLANDS ROAD). 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 NEWLANDS ROAD?

1 NEWLANDS ROAD is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 1 on NEWLANDS ROAD.