1, SUSSEX WAY, BILLERICAY, CM12 0FA - £633,750

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

1 SUSSEX WAY is a large detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £891,719. It was last sold for £633,750 in November 2015, which was around 35% above the average November 2015 detached price in the Basildon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 SUSSEX WAY Sold Prices

Land registry data shows three sales for 1 SUSSEX WAY 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. All of the three 1 SUSSEX WAY 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
2015 2 NOV	£633,750	£468,506	35% above HPI
2002 30 AUG	£372,500	£242,900	53% above HPI
1997 30 MAY	£190,500	£108,108	76% above HPI

1 SUSSEX WAY 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 1 SUSSEX WAY sales between May 1997 and November 2015 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 August 2002 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the November 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 1 SUSSEX WAY be worth now?

1 SUSSEX WAY might now be worth an estimated £891,719.

This is based on house price inflation of 40.7%, between November 2015 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 40.7% inflationary increase is applied to the most recent sale price for 1 SUSSEX WAY of £633,750 on 2nd November 2015. For the value to have increased from £633,750 to £891,719 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 SUSSEX WAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2015 sale price of £633,750 represented a fair market value for the property.
• The size, condition, and specification of 1 SUSSEX WAY has not materially changed since November 2015.

How Large is 1 SUSSEX WAY?

1 SUSSEX WAY is 150m² according to the EPC inspection conducted in May 2015. This puts it in the largest 40% 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 SUSSEX WAY lies on this distribution: 62% of detached houses houses are smaller than 1 SUSSEX WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Billericay.

1 SUSSEX WAY: Plot and Title Map

1 SUSSEX WAY sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 1 SUSSEX WAY, 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 SUSSEX WAY). 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 SUSSEX WAY?

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