14, LAKESIDE, BILLERICAY, CM12 0NF - £330,000

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.

14 LAKESIDE is a very small extended detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £638,456. It was last sold for £330,000 in May 2011, which was around 3% below the average May 2011 detached price in the Basildon local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

14 LAKESIDE Sold Prices

Land registry data shows two sales for 14 LAKESIDE 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. One of the two 14 LAKESIDE sales was for below the average price, whilst the other was 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
2011 31 MAY	£330,000	£340,728	3% below HPI
1997 1 JUL	£124,000	£111,600	11% above HPI

14 LAKESIDE 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 14 LAKESIDE sales from July 1997 and May 2011 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 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2011 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 14 LAKESIDE be worth now?

14 LAKESIDE might now be worth an estimated £638,456.

This is based on house price inflation of 93.5%, between May 2011 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 93.5% inflationary increase is applied to the most recent sale price for 14 LAKESIDE of £330,000 on 31st May 2011. For the value to have increased from £330,000 to £638,456 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 14 LAKESIDE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2011 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LAKESIDE has not materially changed since May 2011.

How Large is 14 LAKESIDE?

14 LAKESIDE is 82m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% 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 14 LAKESIDE lies on this distribution: 9% of detached houses houses are smaller than 14 LAKESIDE, and 91% of houses are larger. Note that EPC data is not available for all properties in Billericay.

14 LAKESIDE: Plot and Title Map

14 LAKESIDE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 14 LAKESIDE, 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 14 LAKESIDE). 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 14 LAKESIDE?

14 LAKESIDE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 14 on LAKESIDE.