15, CHESTNUT AVENUE, BILLERICAY, CM12 9JF - £775,000

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 CHESTNUT AVENUE is a large extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £864,146. It was last sold for £775,000 in June 2021, which was around 31% above the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

15 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 15 CHESTNUT AVENUE 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 CHESTNUT 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
2021 16 JUN	£775,000	£591,207	31% above HPI
2003 17 DEC	£345,000	£284,761	21% above HPI

15 CHESTNUT 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 two 15 CHESTNUT AVENUE sales from December 2003 and June 2021 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 December 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 15 CHESTNUT AVENUE be worth now?

15 CHESTNUT AVENUE might now be worth an estimated £864,146.

This is based on house price inflation of 11.5%, between June 2021 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 11.5% inflationary increase is applied to the most recent sale price for 15 CHESTNUT AVENUE of £775,000 on 16th June 2021. For the value to have increased from £775,000 to £864,146 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 CHESTNUT AVENUE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2021 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHESTNUT AVENUE has not materially changed since June 2021.

How Large is 15 CHESTNUT AVENUE?

15 CHESTNUT AVENUE is 152m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% 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 CHESTNUT AVENUE lies on this distribution: 63% of detached houses houses are smaller than 15 CHESTNUT AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in Billericay.

15 CHESTNUT AVENUE: Plot and Title Map

15 CHESTNUT AVENUE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 15 CHESTNUT 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 15 CHESTNUT 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 15 CHESTNUT AVENUE?

15 CHESTNUT AVENUE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 15 on CHESTNUT AVENUE.