18, OAKWOOD DRIVE, BILLERICAY, CM12 0SA - £499,999

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.

18 OAKWOOD DRIVE is a small detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £961,204. It was last sold for £499,999 in June 2010, which was around 46% above the average June 2010 detached price in the Basildon local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

18 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 18 OAKWOOD DRIVE 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 18 OAKWOOD DRIVE 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
2010 25 JUN	£499,999	£342,909	46% above HPI
1999 21 OCT	£298,000	£144,620	106% above HPI

18 OAKWOOD DRIVE 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 18 OAKWOOD DRIVE sales from October 1999 and June 2010 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 October 1999 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the June 2010 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 18 OAKWOOD DRIVE be worth now?

18 OAKWOOD DRIVE might now be worth an estimated £961,204.

This is based on house price inflation of 92.2%, between June 2010 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 92.2% inflationary increase is applied to the most recent sale price for 18 OAKWOOD DRIVE of £499,999 on 25th June 2010. For the value to have increased from £499,999 to £961,204 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of 18 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2010 sale price of £499,999 represented a fair market value for the property.
• The size, condition, and specification of 18 OAKWOOD DRIVE has not materially changed since June 2010.

How Large is 18 OAKWOOD DRIVE?

18 OAKWOOD DRIVE is 122m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 18 OAKWOOD DRIVE lies on this distribution: 37% of detached houses houses are smaller than 18 OAKWOOD DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Billericay.

18 OAKWOOD DRIVE: Plot and Title Map

18 OAKWOOD DRIVE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 18 OAKWOOD DRIVE, 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 18 OAKWOOD DRIVE). 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 18 OAKWOOD DRIVE?

18 OAKWOOD DRIVE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 18 on OAKWOOD DRIVE.