193, MOUNTNESSING ROAD, BILLERICAY, CM12 0EH - £492,500

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.

193 MOUNTNESSING ROAD is a very small extended semi-detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £562,328. It was last sold for £492,500 in February 2021, which was around 35% above the average February 2021 semi-detached price in the Basildon local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

193 MOUNTNESSING ROAD Sold Prices

Land registry data shows two sales for 193 MOUNTNESSING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Both of the two 193 MOUNTNESSING ROAD 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
2021 2 FEB	£492,500	£365,037	35% above HPI
1996 7 JUN	£90,000	£59,450	51% above HPI

193 MOUNTNESSING ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The two 193 MOUNTNESSING ROAD sales from June 1996 and February 2021 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 June 1996 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the February 2021 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 193 MOUNTNESSING ROAD be worth now?

193 MOUNTNESSING ROAD might now be worth an estimated £562,328.

This is based on house price inflation of 14.2%, between February 2021 and February 2025, for semi-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 14.2% inflationary increase is applied to the most recent sale price for 193 MOUNTNESSING ROAD of £492,500 on 2nd February 2021. For the value to have increased from £492,500 to £562,328 over the four years to February 2025, the following assumptions must hold true:

• The value of 193 MOUNTNESSING ROAD has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The February 2021 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 193 MOUNTNESSING ROAD has not materially changed since February 2021.

How Large is 193 MOUNTNESSING ROAD?

193 MOUNTNESSING ROAD is 89m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 193 MOUNTNESSING ROAD lies on this distribution: 11% of semi-detached houses houses are smaller than 193 MOUNTNESSING ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Billericay.

193 MOUNTNESSING ROAD: Plot and Title Map

193 MOUNTNESSING ROAD sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 193 MOUNTNESSING ROAD, 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 193 MOUNTNESSING ROAD). 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 193 MOUNTNESSING ROAD?

193 MOUNTNESSING ROAD is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 193 on MOUNTNESSING ROAD.