14, SPRINGFIELD ROAD, BILLERICAY, CM12 0PP - £340,000

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 SPRINGFIELD ROAD is a small extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £568,185. It was last sold for £340,000 in July 2014, which was around 14% below the average July 2014 detached price in the Basildon local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

14 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 14 SPRINGFIELD ROAD 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. Two of the three 14 SPRINGFIELD ROAD sales were for below the average price, whilst one 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
2014 4 JUL	£340,000	£394,470	14% below HPI
2003 3 JAN	£250,000	£266,143	6% below HPI
1996 7 MAR	£123,500	£96,053	29% above HPI

14 SPRINGFIELD ROAD 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 14 SPRINGFIELD ROAD sales between March 1996 and July 2014 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 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 14 SPRINGFIELD ROAD be worth now?

14 SPRINGFIELD ROAD might now be worth an estimated £568,185.

This is based on house price inflation of 67.1%, between July 2014 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 67.1% inflationary increase is applied to the most recent sale price for 14 SPRINGFIELD ROAD of £340,000 on 4th July 2014. For the value to have increased from £340,000 to £568,185 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 14 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2014 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SPRINGFIELD ROAD has not materially changed since July 2014.

How Large is 14 SPRINGFIELD ROAD?

14 SPRINGFIELD ROAD is 106m², which includes one extension, according to the EPC inspection conducted in November 2013. 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 14 SPRINGFIELD ROAD lies on this distribution: 21% of detached houses houses are smaller than 14 SPRINGFIELD ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Billericay.

14 SPRINGFIELD ROAD: Plot and Title Map

14 SPRINGFIELD ROAD sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 14 SPRINGFIELD ROAD, 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 SPRINGFIELD ROAD). 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 SPRINGFIELD ROAD?

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