24, PROWER CLOSE, BILLERICAY, CM11 2BU - £457,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 PROWER CLOSE is a midsized extended detached house of 128m², built sometime between 2003 and 2006. It was last sold for £457,000 in November 2020, which was around 23% below the average November 2020 detached price in the Basildon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

24 PROWER CLOSE Sold Prices

Land registry data shows two sales for 24 PROWER 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 24 PROWER CLOSE 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
2020 30 NOV	£457,000	£593,187	23% below HPI
2005 25 AUG	£280,000	£307,931	9% below HPI

24 PROWER 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 24 PROWER CLOSE sales from August 2005 and November 2020 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 August 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 24 PROWER CLOSE?

24 PROWER CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 24 PROWER CLOSE lies on this distribution: 44% of detached houses are smaller than 24 PROWER CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Billericay.

24 PROWER CLOSE: Plot and Title Map

24 PROWER CLOSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 24 PROWER 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 24 PROWER 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 24 PROWER CLOSE?

24 PROWER CLOSE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 24 on PROWER CLOSE.