11, OAKWOOD DRIVE, BILLERICAY, CM12 0SA - £955,000

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 OAKWOOD DRIVE is a large extended detached house of 164m², built sometime between 1996 and 2002, which could now be worth an estimated £943,238. It was last sold for £955,000 in October 2022, which was around 40% above the average October 2022 detached price in the Basildon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

11 OAKWOOD DRIVE Sold Prices

Land registry data shows three sales for 11 OAKWOOD DRIVE 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 OAKWOOD 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
2022 26 OCT	£955,000	£679,729	40% above HPI
2011 13 JAN	£560,000	£336,703	66% above HPI
2000 31 MAR	£311,500	£157,722	97% above HPI

11 OAKWOOD 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 three 11 OAKWOOD DRIVE sales between March 2000 and October 2022 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 January 2011 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the October 2022 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 11 OAKWOOD DRIVE be worth now?

11 OAKWOOD DRIVE might now be worth an estimated £943,238.

This is based on house price deflation of 1.2%, between October 2022 and June 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 1.2% deflationary decrease is applied to the most recent sale price for 11 OAKWOOD DRIVE of £955,000 on 26th October 2022. For the value to have decreased from £955,000 to £943,238 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 11 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2022 sale price of £955,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OAKWOOD DRIVE has not materially changed since October 2022.

How Large is 11 OAKWOOD DRIVE?

11 OAKWOOD DRIVE is 164m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% 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 OAKWOOD DRIVE lies on this distribution: 71% of detached houses houses are smaller than 11 OAKWOOD DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Billericay.

11 OAKWOOD DRIVE: Plot and Title Map

11 OAKWOOD DRIVE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 11 OAKWOOD 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 11 OAKWOOD 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 11 OAKWOOD DRIVE?

11 OAKWOOD DRIVE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 11 on OAKWOOD DRIVE.