2, VINCENT WAY, BILLERICAY, CM12 0UJ - £710,000

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 VINCENT WAY is a midsized extended detached house of 133m², built sometime between 1976 and 1982, which could now be worth an estimated £828,323. It was last sold for £710,000 in August 2020, which was around 23% above the average August 2020 detached price in the Basildon local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

2 VINCENT WAY Sold Prices

Land registry data shows four sales for 2 VINCENT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 2 VINCENT WAY 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 3 AUG	£710,000	£575,456	23% above HPI
2007 31 MAY	£338,000	£332,460	2% above HPI
2001 27 APR	£206,000	£178,452	15% above HPI
1995 1 SEP	£117,000	£98,722	19% above HPI

2 VINCENT WAY 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 four 2 VINCENT WAY sales between September 1995 and August 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 May 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 VINCENT WAY be worth now?

2 VINCENT WAY might now be worth an estimated £828,323.

This is based on house price inflation of 16.7%, between August 2020 and June 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 16.7% inflationary increase is applied to the most recent sale price for 2 VINCENT WAY of £710,000 on 3rd August 2020. For the value to have increased from £710,000 to £828,323 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 2 VINCENT WAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2020 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VINCENT WAY has not materially changed since August 2020.

How Large is 2 VINCENT WAY?

2 VINCENT WAY is 133m², which includes two extensions, according to the EPC inspection conducted in December 2013. 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 VINCENT WAY lies on this distribution: 48% of detached houses houses are smaller than 2 VINCENT WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Billericay.

2 VINCENT WAY: Plot and Title Map

2 VINCENT WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 2 VINCENT WAY, 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 VINCENT WAY). 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 VINCENT WAY?

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