23, OAKWOOD DRIVE, BILLERICAY, CM12 0SA - £710,000

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.

23 OAKWOOD DRIVE is a very large detached house of 223m², built sometime between 2003 and 2006, which could now be worth an estimated £1,352,101. It was last sold for £710,000 in September 2008, which was around 105% above the average September 2008 detached price in the Basildon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

23 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 23 OAKWOOD DRIVE 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 23 OAKWOOD DRIVE 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
2008 24 SEP	£710,000	£346,158	105% above HPI
2000 21 JUL	£448,500	£170,042	164% above HPI

23 OAKWOOD DRIVE 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 23 OAKWOOD DRIVE sales from July 2000 and September 2008 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 2000 sale was for 164% above the HPI. So the extrapolation line tracks at 164% above the HPI over time, until the September 2008 sale, where it falls to 105% above the HPI. The line then continues to track at 105% above the HPI.

What might 23 OAKWOOD DRIVE be worth now?

23 OAKWOOD DRIVE might now be worth an estimated £1,352,101.

This is based on house price inflation of 90.4%, between September 2008 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 90.4% inflationary increase is applied to the most recent sale price for 23 OAKWOOD DRIVE of £710,000 on 24th September 2008. For the value to have increased from £710,000 to £1,352,101 over the seventeen years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The September 2008 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 23 OAKWOOD DRIVE has not materially changed since September 2008.

How Large is 23 OAKWOOD DRIVE?

23 OAKWOOD DRIVE is 223m² according to the EPC inspection conducted in August 2016. This puts it in the largest 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 23 OAKWOOD DRIVE lies on this distribution: 90% of detached houses houses are smaller than 23 OAKWOOD DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Billericay.

23 OAKWOOD DRIVE: Plot and Title Map

23 OAKWOOD DRIVE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 23 OAKWOOD DRIVE, 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 23 OAKWOOD DRIVE). 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 23 OAKWOOD DRIVE?

23 OAKWOOD DRIVE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 23 on OAKWOOD DRIVE.