11, FRODEN CLOSE, BILLERICAY, CM11 2TY - £590,000

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.

11 FRODEN CLOSE is a small detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £696,547. It was last sold for £590,000 in August 2019, which was around 6% above the average August 2019 detached price in the Basildon local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

11 FRODEN CLOSE Sold Prices

Land registry data shows three sales for 11 FRODEN 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. All of the three 11 FRODEN 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
2019 23 AUG	£590,000	£558,376	6% above HPI
2014 26 MAR	£420,000	£372,917	13% above HPI
2001 18 JUL	£272,500	£186,186	46% above HPI

11 FRODEN 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 11 FRODEN CLOSE sales between July 2001 and August 2019 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 March 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 11 FRODEN CLOSE be worth now?

11 FRODEN CLOSE might now be worth an estimated £696,547.

This is based on house price inflation of 18.1%, between August 2019 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 11 FRODEN CLOSE of £590,000 on 23rd August 2019. For the value to have increased from £590,000 to £696,547 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 11 FRODEN CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2019 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FRODEN CLOSE has not materially changed since August 2019.

How Large is 11 FRODEN CLOSE?

11 FRODEN CLOSE is 119m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 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 11 FRODEN CLOSE lies on this distribution: 33% of detached houses houses are smaller than 11 FRODEN CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Billericay.

11 FRODEN CLOSE: Plot and Title Map

11 FRODEN CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 11 FRODEN 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 11 FRODEN 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 11 FRODEN CLOSE?

11 FRODEN CLOSE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 11 on FRODEN CLOSE.