Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
18 THE VALE is a large extended detached house of 167m², built sometime between 1950 and 1966. It was last sold for £405,460 in December 2006, which was around 25% above the average December 2006 detached price in the Basildon local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 18 THE VALE since 1st 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 THE VALE 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 |
---|---|---|---|
2006 15 DEC | £405,460 | £323,757 | 25% above HPI |
1996 14 NOV | £136,000 | £105,618 | 29% above HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The two 18 THE VALE sales from November 1996 and December 2006 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 November 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2006 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.
18 THE VALE is 167m², which includes three extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 30% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 18 THE VALE lies on this distribution: 73% of detached houses are smaller than 18 THE VALE, and 27% of houses are larger. Note that EPC data is not available for all properties in Billericay.
18 THE VALE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 18 THE VALE, 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 THE VALE). 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.
18 THE VALE is located in STOCK, in the CM4 postcode district. The below map shows the position of No. 18 on THE VALE.