118, WESTERN ROAD, BILLERICAY, CM12 9JH - £1,170,000

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.

118 WESTERN ROAD is a very large extended detached house of 221m², built sometime between 1976 and 1982, which could now be worth an estimated £1,279,293. It was last sold for £1,170,000 in August 2021, which was around 94% above the average August 2021 detached price in the Basildon local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

118 WESTERN ROAD Sold Prices

Land registry data shows two sales for 118 WESTERN 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 118 WESTERN ROAD 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 19 AUG	£1,170,000	£602,894	94% above HPI
2002 16 DEC	£337,000	£263,756	28% above HPI

118 WESTERN 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 118 WESTERN ROAD sales from December 2002 and August 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 December 2002 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2021 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might 118 WESTERN ROAD be worth now?

118 WESTERN ROAD might now be worth an estimated £1,279,293.

This is based on house price inflation of 9.3%, between August 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 9.3% inflationary increase is applied to the most recent sale price for 118 WESTERN ROAD of £1,170,000 on 19th August 2021. For the value to have increased from £1,170,000 to £1,279,293 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 118 WESTERN ROAD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2021 sale price of £1,170,000 represented a fair market value for the property.
• The size, condition, and specification of 118 WESTERN ROAD has not materially changed since August 2021.

How Large is 118 WESTERN ROAD?

118 WESTERN ROAD is 221m², which includes three extensions, according to the EPC inspection conducted in May 2021. 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 118 WESTERN ROAD lies on this distribution: 89% of detached houses houses are smaller than 118 WESTERN ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Billericay.

118 WESTERN ROAD: Plot and Title Map

118 WESTERN ROAD sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 118 WESTERN 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 118 WESTERN 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 118 WESTERN ROAD?

118 WESTERN ROAD is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 118 on WESTERN ROAD.