12, FERNBANK, BILLERICAY, CM12 9XH - £440,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 FERNBANK is a small detached house of 107m², built sometime between 1967 and 1975. It was last sold for £440,000 in December 2010, which was around 32% above the average December 2010 detached price in the Basildon local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was C.

12 FERNBANK Sold Prices

Land registry data shows three sales for 12 FERNBANK 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 12 FERNBANK 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
2010 3 DEC	£440,000	£333,166	32% above HPI
2004 16 FEB	£330,000	£291,947	13% above HPI
1999 18 AUG	£175,000	£140,766	24% above HPI

12 FERNBANK 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 12 FERNBANK sales between August 1999 and December 2010 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 February 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2010 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 12 FERNBANK?

12 FERNBANK is 107m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 12 FERNBANK lies on this distribution: 23% of detached houses are smaller than 12 FERNBANK, and 77% of houses are larger. Note that EPC data is not available for all properties in Billericay.

12 FERNBANK: Plot and Title Map

12 FERNBANK sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 12 FERNBANK, 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 FERNBANK). 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 FERNBANK?

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