15, SUSSEX WAY, BILLERICAY, CM12 0FA - £117,000

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 SUSSEX WAY is a very small semi-detached house of 41m², built sometime between 1991 and 1995, which could now be worth an estimated £338,151. It was last sold for £117,000 in October 2002, which was around 19% below the average October 2002 semi-detached price in the Basildon local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

15 SUSSEX WAY Sold Prices

Land registry data shows three sales for 15 SUSSEX WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the three 15 SUSSEX WAY sales were for below 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
2002 18 OCT	£117,000	£144,210	19% below HPI
2002 28 JUN	£107,000	£130,187	18% below HPI
1999 30 APR	£63,000	£76,156	17% below HPI

15 SUSSEX WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The three 15 SUSSEX WAY sales between April 1999 and October 2002 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 June 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2002 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 15 SUSSEX WAY be worth now?

15 SUSSEX WAY might now be worth an estimated £338,151.

This is based on house price inflation of 189%, between October 2002 and February 2025, for semi-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 189% inflationary increase is applied to the most recent sale price for 15 SUSSEX WAY of £117,000 on 18th October 2002. For the value to have increased from £117,000 to £338,151 over the 23 years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 SUSSEX WAY has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The October 2002 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SUSSEX WAY has not materially changed since October 2002.

How Large is 15 SUSSEX WAY?

15 SUSSEX WAY is 41m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 15 SUSSEX WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 15 SUSSEX WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Billericay.

15 SUSSEX WAY: Plot and Title Map

15 SUSSEX WAY sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 15 SUSSEX WAY, 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 SUSSEX WAY). 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 SUSSEX WAY?

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