2, SAFFRON WALK, BILLERICAY, CM11 2AU - £477,000

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 SAFFRON WALK is a small extended semi-detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £581,215. It was last sold for £477,000 in May 2018, which was around 39% above the average May 2018 semi-detached price in the Basildon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

2 SAFFRON WALK Sold Prices

Land registry data shows three sales for 2 SAFFRON WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the three 2 SAFFRON WALK 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
2018 17 MAY	£477,000	£342,060	39% above HPI
2015 19 JUN	£390,000	£266,568	46% above HPI
2004 16 JUN	£230,000	£182,027	26% above HPI

2 SAFFRON WALK 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 three 2 SAFFRON WALK sales between June 2004 and May 2018 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 2015 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the May 2018 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 SAFFRON WALK be worth now?

2 SAFFRON WALK might now be worth an estimated £581,215.

This is based on house price inflation of 21.8%, between May 2018 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 21.8% inflationary increase is applied to the most recent sale price for 2 SAFFRON WALK of £477,000 on 17th May 2018. For the value to have increased from £477,000 to £581,215 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 2 SAFFRON WALK has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The May 2018 sale price of £477,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SAFFRON WALK has not materially changed since May 2018.

How Large is 2 SAFFRON WALK?

2 SAFFRON WALK is 115m², which includes four extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% 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 2 SAFFRON WALK lies on this distribution: 29% of semi-detached houses houses are smaller than 2 SAFFRON WALK, and 70% of houses are larger. Note that EPC data is not available for all properties in Billericay.

2 SAFFRON WALK: Plot and Title Map

2 SAFFRON WALK sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 2 SAFFRON WALK, 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 SAFFRON WALK). 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 SAFFRON WALK?

2 SAFFRON WALK is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 2 on SAFFRON WALK.