20, THE RISING, BILLERICAY, CM11 2HN - £480,000

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.

20 THE RISING is a very small extended detached house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £475,584. It was last sold for £480,000 in August 2022, which was around 28% below the average August 2022 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.

20 THE RISING Sold Prices

Land registry data shows three sales for 20 THE RISING since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 20 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
2022 12 AUG	£480,000	£665,333	28% below HPI
2019 15 FEB	£425,000	£556,108	24% below HPI
2005 24 MAR	£235,000	£309,567	24% below HPI

20 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 three 20 THE RISING sales between March 2005 and August 2022 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 February 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 20 THE RISING be worth now?

20 THE RISING might now be worth an estimated £475,584.

This is based on house price deflation of 0.9%, between August 2022 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 0.9% deflationary decrease is applied to the most recent sale price for 20 THE RISING of £480,000 on 12th August 2022. For the value to have decreased from £480,000 to £475,584 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 20 THE RISING has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 20 THE RISING has not materially changed since August 2022.

How Large is 20 THE RISING?

20 THE RISING is 95m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% 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 20 THE RISING lies on this distribution: 14% of detached houses houses are smaller than 20 THE RISING, and 86% of houses are larger. Note that EPC data is not available for all properties in Billericay.

20 THE RISING: Plot and Title Map

20 THE RISING sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 20 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 20 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 20 THE RISING?

20 THE RISING is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 20 on THE RISING.