22, THE REDINGE, BILLERICAY, CM11 2QJ - £340,000

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.

22 THE REDINGE is a very small extended detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £399,660. It was last sold for £340,000 in December 2018, which was around 39% below the average December 2018 detached price in the Basildon local authority area. The most recent EPC inspection was September 2018, where the current energy rating was F, and the potential energy rating was C.

22 THE REDINGE Sold Prices

Land registry data shows two sales for 22 THE REDINGE 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 THE REDINGE 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
2018 20 DEC	£340,000	£560,807	39% below HPI
2008 11 JAN	£270,000	£363,452	26% below HPI

22 THE REDINGE 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 THE REDINGE sales from January 2008 and December 2018 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 January 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 22 THE REDINGE be worth now?

22 THE REDINGE might now be worth an estimated £399,660.

This is based on house price inflation of 17.5%, between December 2018 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 17.5% inflationary increase is applied to the most recent sale price for 22 THE REDINGE of £340,000 on 20th December 2018. For the value to have increased from £340,000 to £399,660 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 22 THE REDINGE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THE REDINGE has not materially changed since December 2018.

How Large is 22 THE REDINGE?

22 THE REDINGE is 91m², which includes one extension, according to the EPC inspection conducted in September 2018. 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 22 THE REDINGE lies on this distribution: 12% of detached houses houses are smaller than 22 THE REDINGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Billericay.

22 THE REDINGE: Plot and Title Map

22 THE REDINGE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 22 THE REDINGE, 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 THE REDINGE). 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 THE REDINGE?

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