21, FERNBANK, BILLERICAY, CM12 9XH - £600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

21 FERNBANK is a small extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £600,000 in February 2021, which was around 2% above the average February 2021 detached price in the Basildon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

21 FERNBANK Sold Prices

Land registry data shows four sales for 21 FERNBANK 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 21 FERNBANK 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 12 FEB	£600,000	£588,224	2% above HPI
2011 1 JUL	£410,000	£338,699	21% above HPI
2002 20 SEP	£249,995	£244,082	2% above HPI
1995 11 SEP	£135,000	£98,107	38% above HPI

21 FERNBANK 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 21 FERNBANK sales between September 1995 and February 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 July 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 21 FERNBANK?

21 FERNBANK is 113m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 21 FERNBANK lies on this distribution: 27% of detached houses are smaller than 21 FERNBANK, and 72% of houses are larger. Note that EPC data is not available for all properties in Billericay.

21 FERNBANK: Plot and Title Map

21 FERNBANK sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 21 FERNBANK, 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 21 FERNBANK). 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 21 FERNBANK?

21 FERNBANK is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 21 on FERNBANK.