2, GREENFIELDS, BILLERICAY, CM12 9QB - £700,000

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.

2 GREENFIELDS is a midsized detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £779,163. It was last sold for £700,000 in October 2020, which was around 18% above the average October 2020 detached price in the Basildon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

2 GREENFIELDS Sold Prices

Land registry data shows two sales for 2 GREENFIELDS 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 GREENFIELDS 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
2020 9 OCT	£700,000	£592,236	18% above HPI
1997 26 JUN	£149,995	£109,176	37% above HPI

2 GREENFIELDS 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 GREENFIELDS sales from June 1997 and October 2020 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 1997 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 GREENFIELDS be worth now?

2 GREENFIELDS might now be worth an estimated £779,163.

This is based on house price inflation of 11.3%, between October 2020 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 11.3% inflationary increase is applied to the most recent sale price for 2 GREENFIELDS of £700,000 on 9th October 2020. For the value to have increased from £700,000 to £779,163 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 GREENFIELDS has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2020 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREENFIELDS has not materially changed since October 2020.

How Large is 2 GREENFIELDS?

2 GREENFIELDS is 129m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 2 GREENFIELDS lies on this distribution: 45% of detached houses houses are smaller than 2 GREENFIELDS, and 54% of houses are larger. Note that EPC data is not available for all properties in Billericay.

2 GREENFIELDS: Plot and Title Map

2 GREENFIELDS sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 2 GREENFIELDS, 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 GREENFIELDS). 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 GREENFIELDS?

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