16, LAKESIDE, BILLERICAY, CM12 0NF - £920,000

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 LAKESIDE is a midsized extended detached house of 145m², built sometime between 1950 and 1966, which could now be worth an estimated £911,536. It was last sold for £920,000 in August 2022, which was around 38% above the average August 2022 detached price in the Basildon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

16 LAKESIDE Sold Prices

Land registry data shows three sales for 16 LAKESIDE 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 LAKESIDE sales was for above the average price, whilst two 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
2022 26 AUG	£920,000	£665,333	38% above HPI
2016 29 JUL	£495,000	£508,208	3% below HPI
2013 20 NOV	£322,000	£366,743	12% below HPI

16 LAKESIDE 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 LAKESIDE sales between November 2013 and August 2022 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 July 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2022 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 16 LAKESIDE be worth now?

16 LAKESIDE might now be worth an estimated £911,536.

This is based on house price deflation of 0.9%, between August 2022 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 0.9% deflationary decrease is applied to the most recent sale price for 16 LAKESIDE of £920,000 on 26th August 2022. For the value to have decreased from £920,000 to £911,536 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 16 LAKESIDE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2022 sale price of £920,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LAKESIDE has not materially changed since August 2022.

How Large is 16 LAKESIDE?

16 LAKESIDE is 145m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% 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 LAKESIDE lies on this distribution: 58% of detached houses houses are smaller than 16 LAKESIDE, and 41% of houses are larger. Note that EPC data is not available for all properties in Billericay.

16 LAKESIDE: Plot and Title Map

16 LAKESIDE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 16 LAKESIDE, 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 LAKESIDE). 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 LAKESIDE?

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