16, BUNTING LANE, BILLERICAY, CM11 2YT - £550,000

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.

16 BUNTING LANE is a very small detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £575,268. It was last sold for £550,000 in May 2024, which was around 13% below the average May 2024 detached price in the Basildon local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

16 BUNTING LANE Sold Prices

Land registry data shows three sales for 16 BUNTING LANE 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. One of the three 16 BUNTING LANE sales was for below the average price, whilst two 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
2024 15 MAY	£550,000	£630,257	13% below HPI
1998 18 SEP	£149,000	£128,905	16% above HPI
1996 26 APR	£111,000	£98,464	13% above HPI

16 BUNTING LANE 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 16 BUNTING LANE sales between April 1996 and May 2024 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 September 1998 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 16 BUNTING LANE be worth now?

16 BUNTING LANE might now be worth an estimated £575,268.

This is based on house price inflation of 4.6%, between May 2024 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 4.6% inflationary increase is applied to the most recent sale price for 16 BUNTING LANE of £550,000 on 15th May 2024. For the value to have increased from £550,000 to £575,268 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 16 BUNTING LANE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2024 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BUNTING LANE has not materially changed since May 2024.

How Large is 16 BUNTING LANE?

16 BUNTING LANE is 93m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% 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 16 BUNTING LANE lies on this distribution: 13% of detached houses houses are smaller than 16 BUNTING LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Billericay.

16 BUNTING LANE: Plot and Title Map

16 BUNTING LANE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 16 BUNTING LANE, 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 16 BUNTING LANE). 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 16 BUNTING LANE?

16 BUNTING LANE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 16 on BUNTING LANE.