21, THE PRIORY, BILLERICAY, CM12 0RD - £340,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

21 THE PRIORY is a small extended semi-detached house of 114m², built sometime between 1967 and 1975. It was last sold for £340,000 in March 2014, which was around 8% below the average March 2014 detached price in the Basildon local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

21 THE PRIORY Sold Prices

Land registry data shows three sales for 21 THE PRIORY 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 21 THE PRIORY 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
2014 18 MAR	£340,000	£370,595	8% below HPI
2010 30 NOV	£320,000	£337,773	5% below HPI
2005 2 DEC	£260,000	£309,373	16% below HPI

21 THE PRIORY 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 21 THE PRIORY sales between December 2005 and March 2014 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 November 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 21 THE PRIORY?

21 THE PRIORY is 114m², which includes one extension, according to the EPC inspection conducted in June 2012. 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 THE PRIORY lies on this distribution: 28% of detached houses are smaller than 21 THE PRIORY, and 71% of houses are larger. Note that EPC data is not available for all properties in Billericay.

21 THE PRIORY: Plot and Title Map

21 THE PRIORY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 21 THE PRIORY, 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 THE PRIORY). 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 THE PRIORY?

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