1, SHEPPERDS TYE DRIVE, BILLERICAY, CM12 9FL - £840,000

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 SHEPPERDS TYE DRIVE is a very large extended detached house of 209m², built sometime from 2007 onwards, which could now be worth an estimated £935,511. It was last sold for £840,000 in February 2021, which was around 42% above the average February 2021 detached price in the Basildon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

1 SHEPPERDS TYE DRIVE Sold Prices

Land registry data shows two sales for 1 SHEPPERDS TYE DRIVE 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 SHEPPERDS TYE DRIVE 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
2021 4 FEB	£840,000	£591,910	42% above HPI
2009 10 JUL	£650,000	£308,974	110% above HPI

1 SHEPPERDS TYE DRIVE 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 SHEPPERDS TYE DRIVE sales from July 2009 and February 2021 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 July 2009 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the February 2021 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 1 SHEPPERDS TYE DRIVE be worth now?

1 SHEPPERDS TYE DRIVE might now be worth an estimated £935,511.

This is based on house price inflation of 11.4%, between February 2021 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 11.4% inflationary increase is applied to the most recent sale price for 1 SHEPPERDS TYE DRIVE of £840,000 on 4th February 2021. For the value to have increased from £840,000 to £935,511 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 SHEPPERDS TYE DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2021 sale price of £840,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHEPPERDS TYE DRIVE has not materially changed since February 2021.

How Large is 1 SHEPPERDS TYE DRIVE?

1 SHEPPERDS TYE DRIVE is 209m², which includes three extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% 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 SHEPPERDS TYE DRIVE lies on this distribution: 87% of detached houses houses are smaller than 1 SHEPPERDS TYE DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Billericay.

1 SHEPPERDS TYE DRIVE: Plot and Title Map

1 SHEPPERDS TYE DRIVE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 1 SHEPPERDS TYE DRIVE, 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 SHEPPERDS TYE DRIVE). 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 SHEPPERDS TYE DRIVE?

1 SHEPPERDS TYE DRIVE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 1 on SHEPPERDS TYE DRIVE.