12, WAKEFIELD AVENUE, BILLERICAY, CM12 9DN - £560,000

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 WAKEFIELD AVENUE is a midsized detached house of 134m², built sometime between 2003 and 2006, which could now be worth an estimated £1,114,573. It was last sold for £560,000 in June 2012, which was around 66% above the average June 2012 detached price in the Basildon local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

12 WAKEFIELD AVENUE Sold Prices

Land registry data shows four sales for 12 WAKEFIELD AVENUE 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 WAKEFIELD AVENUE 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
2012 27 JUN	£560,000	£337,313	66% above HPI
2006 26 APR	£585,000	£313,582	87% above HPI
2004 17 DEC	£499,995	£305,990	63% above HPI
2003 8 DEC	£400,000	£284,761	40% above HPI

12 WAKEFIELD AVENUE 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 WAKEFIELD AVENUE sales between December 2003 and June 2012 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 April 2006 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the June 2012 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 12 WAKEFIELD AVENUE be worth now?

12 WAKEFIELD AVENUE might now be worth an estimated £1,114,573.

This is based on house price inflation of 99%, between June 2012 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 99% inflationary increase is applied to the most recent sale price for 12 WAKEFIELD AVENUE of £560,000 on 27th June 2012. For the value to have increased from £560,000 to £1,114,573 over the thirteen years to June 2025, the following assumptions must hold true:

• The value of 12 WAKEFIELD AVENUE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2012 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WAKEFIELD AVENUE has not materially changed since June 2012.

How Large is 12 WAKEFIELD AVENUE?

12 WAKEFIELD AVENUE is 134m² according to the EPC inspection conducted in August 2011. This puts it in the largest 50% 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 WAKEFIELD AVENUE lies on this distribution: 50% of detached houses houses are smaller than 12 WAKEFIELD AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Billericay.

12 WAKEFIELD AVENUE: Plot and Title Map

12 WAKEFIELD AVENUE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 12 WAKEFIELD AVENUE, 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 WAKEFIELD AVENUE). 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 WAKEFIELD AVENUE?

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