2, ARUNDEL CLOSE, BILLERICAY, CM12 0FN - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 ARUNDEL CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £438,560. It was last sold for £270,000 in August 2014, which was around 33% below the average August 2014 detached price in the Basildon local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

2 ARUNDEL CLOSE Sold Prices

Land registry data shows two sales for 2 ARUNDEL CLOSE 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 2 ARUNDEL CLOSE 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
2014 15 AUG	£270,000	£403,685	33% below HPI
2010 16 JUN	£250,000	£342,909	27% below HPI

2 ARUNDEL CLOSE 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 2 ARUNDEL CLOSE sales from June 2010 and August 2014 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 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 ARUNDEL CLOSE be worth now?

2 ARUNDEL CLOSE might now be worth an estimated £438,560.

This is based on house price inflation of 62.4%, between August 2014 and December 2024, 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 62.4% inflationary increase is applied to the most recent sale price for 2 ARUNDEL CLOSE of £270,000 on 15th August 2014. For the value to have increased from £270,000 to £438,560 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 ARUNDEL CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2014 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ARUNDEL CLOSE has not materially changed since August 2014.

How Large is 2 ARUNDEL CLOSE?

2 ARUNDEL CLOSE is 73m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% 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 2 ARUNDEL CLOSE lies on this distribution: 5% of detached houses houses are smaller than 2 ARUNDEL CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Billericay.

2 ARUNDEL CLOSE: Plot and Title Map

2 ARUNDEL CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 ARUNDEL CLOSE, 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 2 ARUNDEL CLOSE). 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 2 ARUNDEL CLOSE?

2 ARUNDEL CLOSE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 2 on ARUNDEL CLOSE.