12, GREY LADY PLACE, BILLERICAY, CM11 1LU - £465,000

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 GREY LADY PLACE is a very small semi-detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £558,194. It was last sold for £465,000 in November 2018, which was around 34% above the average November 2018 semi-detached price in the Basildon local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

12 GREY LADY PLACE Sold Prices

Land registry data shows four sales for 12 GREY LADY PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the four 12 GREY LADY PLACE 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
2018 28 NOV	£465,000	£347,207	34% above HPI
2006 7 JUL	£305,000	£196,135	56% above HPI
2004 12 NOV	£250,000	£189,252	32% above HPI
2000 26 APR	£143,995	£90,784	59% above HPI

12 GREY LADY PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The four 12 GREY LADY PLACE sales between April 2000 and November 2018 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 July 2006 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the November 2018 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 12 GREY LADY PLACE be worth now?

12 GREY LADY PLACE might now be worth an estimated £558,194.

This is based on house price inflation of 20%, between November 2018 and February 2025, for semi-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 20% inflationary increase is applied to the most recent sale price for 12 GREY LADY PLACE of £465,000 on 28th November 2018. For the value to have increased from £465,000 to £558,194 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 GREY LADY PLACE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The November 2018 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GREY LADY PLACE has not materially changed since November 2018.

How Large is 12 GREY LADY PLACE?

12 GREY LADY PLACE is 78m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 12 GREY LADY PLACE lies on this distribution: 7% of semi-detached houses houses are smaller than 12 GREY LADY PLACE, and 93% of houses are larger. Note that EPC data is not available for all properties in Billericay.

12 GREY LADY PLACE: Plot and Title Map

12 GREY LADY PLACE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 12 GREY LADY PLACE, 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 GREY LADY PLACE). 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 GREY LADY PLACE?

12 GREY LADY PLACE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 12 on GREY LADY PLACE.