2, THE MULLIONS, BILLERICAY, CM12 9XG - £950,000

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 THE MULLIONS is a large extended detached house of 155m², built sometime between 1967 and 1975, which could now be worth an estimated £1,059,276. It was last sold for £950,000 in June 2021, which was around 61% above the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

2 THE MULLIONS Sold Prices

Land registry data shows two sales for 2 THE MULLIONS 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 THE MULLIONS 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 18 JUN	£950,000	£591,207	61% above HPI
2020 6 JAN	£660,000	£569,063	16% above HPI

2 THE MULLIONS 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 THE MULLIONS sales from January 2020 and June 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 January 2020 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2021 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 2 THE MULLIONS be worth now?

2 THE MULLIONS might now be worth an estimated £1,059,276.

This is based on house price inflation of 11.5%, between June 2021 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 11.5% inflationary increase is applied to the most recent sale price for 2 THE MULLIONS of £950,000 on 18th June 2021. For the value to have increased from £950,000 to £1,059,276 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2 THE MULLIONS has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2021 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MULLIONS has not materially changed since June 2021.

How Large is 2 THE MULLIONS?

2 THE MULLIONS is 155m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 40% 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 THE MULLIONS lies on this distribution: 65% of detached houses houses are smaller than 2 THE MULLIONS, and 35% of houses are larger. Note that EPC data is not available for all properties in Billericay.

2 THE MULLIONS: Plot and Title Map

2 THE MULLIONS sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 2 THE MULLIONS, 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 THE MULLIONS). 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 THE MULLIONS?

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