22, GAINSBOROUGH CLOSE, BILLERICAY, CM11 2DB - £405,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 GAINSBOROUGH CLOSE is a midsized extended detached house of 136m², built sometime between 1983 and 1990, which could now be worth an estimated £820,970. It was last sold for £405,000 in December 2009, which was around 25% above the average December 2009 detached price in the Basildon local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

22 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 22 GAINSBOROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 22 GAINSBOROUGH CLOSE 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
2009 2 DEC	£405,000	£323,471	25% above HPI
2005 1 DEC	£405,000	£311,312	30% above HPI

22 GAINSBOROUGH CLOSE 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 two 22 GAINSBOROUGH CLOSE sales from December 2005 and December 2009 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 December 2005 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2009 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 22 GAINSBOROUGH CLOSE be worth now?

22 GAINSBOROUGH CLOSE might now be worth an estimated £820,970.

This is based on house price inflation of 102.7%, between December 2009 and December 2024, 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 102.7% inflationary increase is applied to the most recent sale price for 22 GAINSBOROUGH CLOSE of £405,000 on 2nd December 2009. For the value to have increased from £405,000 to £820,970 over the fifteen years to December 2024, the following assumptions must hold true:

• The value of 22 GAINSBOROUGH CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2009 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GAINSBOROUGH CLOSE has not materially changed since December 2009.

How Large is 22 GAINSBOROUGH CLOSE?

22 GAINSBOROUGH CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 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 22 GAINSBOROUGH CLOSE lies on this distribution: 52% of detached houses houses are smaller than 22 GAINSBOROUGH CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Billericay.

22 GAINSBOROUGH CLOSE: Plot and Title Map

22 GAINSBOROUGH CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 22 GAINSBOROUGH CLOSE, 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 22 GAINSBOROUGH CLOSE). 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 22 GAINSBOROUGH CLOSE?

22 GAINSBOROUGH CLOSE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 22 on GAINSBOROUGH CLOSE.