2, WHEATSHEAF COTTAGES, LAINDON COMMON ROAD, LITTLE BURSTEAD, BILLERICAY, CM12 9TD - £370,000

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 WHEATSHEAF COTTAGES is a very small detached house of 64m², which could now be worth an estimated £373,739. It was last sold for £370,000 in February 2024, which was around 43% below the average February 2024 detached price in the Basildon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2 WHEATSHEAF COTTAGES Sold Prices

Land registry data shows four sales for 2 WHEATSHEAF COTTAGES 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. Most of the four 2 WHEATSHEAF COTTAGES 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
2024 2 FEB	£370,000	£652,617	43% below HPI
2018 22 JUN	£800,000	£558,950	43% above HPI
2005 28 APR	£530,000	£305,561	73% above HPI
2001 16 MAR	£280,000	£177,438	58% above HPI

2 WHEATSHEAF COTTAGES 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 WHEATSHEAF COTTAGES sales between March 2001 and February 2024 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 2018 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the February 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 2 WHEATSHEAF COTTAGES be worth now?

2 WHEATSHEAF COTTAGES might now be worth an estimated £373,739.

This is based on house price inflation of 1%, between February 2024 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 1% inflationary increase is applied to the most recent sale price for 2 WHEATSHEAF COTTAGES of £370,000 on 2nd February 2024. For the value to have increased from £370,000 to £373,739 over the one year to February 2025, the following assumptions must hold true:

• The value of 2 WHEATSHEAF COTTAGES has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2024 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WHEATSHEAF COTTAGES has not materially changed since February 2024.

How Large is 2 WHEATSHEAF COTTAGES?

2 WHEATSHEAF COTTAGES is 64m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Little Burstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Burstead, and where 2 WHEATSHEAF COTTAGES lies on this distribution: Less than 1% of detached houses houses are smaller than 2 WHEATSHEAF COTTAGES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Little Burstead.

2 WHEATSHEAF COTTAGES: Plot and Title Map

2 WHEATSHEAF COTTAGES sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 2 WHEATSHEAF COTTAGES, 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 WHEATSHEAF COTTAGES). 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 WHEATSHEAF COTTAGES?

2 WHEATSHEAF COTTAGES is located on LAINDON COMMON ROAD in LITTLE BURSTEAD, in the CM12 postcode district. The below map shows the position of 2 WHEATSHEAF COTTAGES on LAINDON COMMON ROAD.