16, GILMOUR RISE, BILLERICAY, CM12 9NB - £495,000

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 GILMOUR RISE is a small extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £573,416. It was last sold for £495,000 in January 2020, which was around 13% below the average January 2020 detached price in the Basildon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

16 GILMOUR RISE Sold Prices

Land registry data shows two sales for 16 GILMOUR RISE 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 16 GILMOUR RISE 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
2020 29 JAN	£495,000	£569,063	13% below HPI
2004 4 AUG	£280,000	£303,688	8% below HPI

16 GILMOUR RISE 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 16 GILMOUR RISE sales from August 2004 and January 2020 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 August 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 16 GILMOUR RISE be worth now?

16 GILMOUR RISE might now be worth an estimated £573,416.

This is based on house price inflation of 15.8%, between January 2020 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 15.8% inflationary increase is applied to the most recent sale price for 16 GILMOUR RISE of £495,000 on 29th January 2020. For the value to have increased from £495,000 to £573,416 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 GILMOUR RISE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The January 2020 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GILMOUR RISE has not materially changed since January 2020.

How Large is 16 GILMOUR RISE?

16 GILMOUR RISE is 111m², which includes two extensions, according to the EPC inspection conducted in October 2019. 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 16 GILMOUR RISE lies on this distribution: 25% of detached houses houses are smaller than 16 GILMOUR RISE, and 74% of houses are larger. Note that EPC data is not available for all properties in Billericay.

16 GILMOUR RISE: Plot and Title Map

16 GILMOUR RISE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 16 GILMOUR RISE, 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 GILMOUR RISE). 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 GILMOUR RISE?

16 GILMOUR RISE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 16 on GILMOUR RISE.