15, CHAFFINCH CRESCENT, BILLERICAY, CM11 2YX - £440,000

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.

15 CHAFFINCH CRESCENT is a small detached house of 111m², built sometime between 1991 and 1995, which could now be worth an estimated £856,516. It was last sold for £440,000 in June 2011, which was around 30% above the average June 2011 detached price in the Basildon local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

15 CHAFFINCH CRESCENT Sold Prices

Land registry data shows two sales for 15 CHAFFINCH CRESCENT 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. Both of the two 15 CHAFFINCH CRESCENT 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
2011 2 JUN	£440,000	£338,643	30% above HPI
2001 27 APR	£217,500	£178,452	22% above HPI

15 CHAFFINCH CRESCENT 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 15 CHAFFINCH CRESCENT sales from April 2001 and June 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 April 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2011 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 15 CHAFFINCH CRESCENT be worth now?

15 CHAFFINCH CRESCENT might now be worth an estimated £856,516.

This is based on house price inflation of 94.7%, between June 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 94.7% inflationary increase is applied to the most recent sale price for 15 CHAFFINCH CRESCENT of £440,000 on 2nd June 2011. For the value to have increased from £440,000 to £856,516 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 15 CHAFFINCH CRESCENT has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2011 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHAFFINCH CRESCENT has not materially changed since June 2011.

How Large is 15 CHAFFINCH CRESCENT?

15 CHAFFINCH CRESCENT is 111m² according to the EPC inspection conducted in September 2010. 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 15 CHAFFINCH CRESCENT lies on this distribution: 26% of detached houses houses are smaller than 15 CHAFFINCH CRESCENT, and 74% of houses are larger. Note that EPC data is not available for all properties in Billericay.

15 CHAFFINCH CRESCENT: Plot and Title Map

15 CHAFFINCH CRESCENT sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 15 CHAFFINCH CRESCENT, 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 15 CHAFFINCH CRESCENT). 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 15 CHAFFINCH CRESCENT?

15 CHAFFINCH CRESCENT is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 15 on CHAFFINCH CRESCENT.