2, THE RISING, BILLERICAY, CM11 2HN - £500,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 THE RISING is a very small extended semi-detached house of 94m², built sometime between 1930 and 1949. It was last sold for £500,000 in December 2019, which was around 10% below the average December 2019 detached price in the Basildon local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

2 THE RISING Sold Prices

Land registry data shows two sales for 2 THE RISING 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 RISING 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
2019 4 DEC	£500,000	£555,636	10% below HPI
2015 27 MAR	£287,000	£412,168	30% below HPI

2 THE RISING 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 RISING sales from March 2015 and December 2019 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 March 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 THE RISING?

2 THE RISING is 94m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 2 THE RISING lies on this distribution: 14% of detached houses are smaller than 2 THE RISING, and 86% of houses are larger. Note that EPC data is not available for all properties in Billericay.

2 THE RISING: Plot and Title Map

2 THE RISING sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 2 THE RISING, 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 RISING). 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 RISING?

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