12, DEVEREUX WAY, BILLERICAY, CM12 0YS - £615,000

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.

12 DEVEREUX WAY is a small extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £696,491. It was last sold for £615,000 in April 2021, which was around 6% above the average April 2021 detached price in the Basildon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

12 DEVEREUX WAY Sold Prices

Land registry data shows four sales for 12 DEVEREUX WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 12 DEVEREUX 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
2021 23 APR	£615,000	£582,083	6% above HPI
2014 21 JAN	£375,000	£366,622	2% above HPI
2004 21 DEC	£323,000	£305,990	6% above HPI
1996 26 APR	£118,000	£98,464	20% above HPI

12 DEVEREUX 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 four 12 DEVEREUX WAY sales between April 1996 and April 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 January 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 12 DEVEREUX WAY be worth now?

12 DEVEREUX WAY might now be worth an estimated £696,491.

This is based on house price inflation of 13.3%, between April 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 13.3% inflationary increase is applied to the most recent sale price for 12 DEVEREUX WAY of £615,000 on 23rd April 2021. For the value to have increased from £615,000 to £696,491 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 12 DEVEREUX WAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The April 2021 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 12 DEVEREUX WAY has not materially changed since April 2021.

How Large is 12 DEVEREUX WAY?

12 DEVEREUX WAY is 106m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 12 DEVEREUX WAY lies on this distribution: 22% of detached houses houses are smaller than 12 DEVEREUX WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Billericay.

12 DEVEREUX WAY: Plot and Title Map

12 DEVEREUX WAY sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 12 DEVEREUX 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 12 DEVEREUX 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 12 DEVEREUX WAY?

12 DEVEREUX WAY is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 12 on DEVEREUX WAY.