27, LANCER WAY, BILLERICAY, CM12 0XA - £527,500

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.

27 LANCER WAY is a very small extended semi-detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £654,153. It was last sold for £527,500 in May 2019, which was around 56% above the average May 2019 semi-detached price in the Basildon local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

27 LANCER WAY Sold Prices

Land registry data shows five sales for 27 LANCER WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the five 27 LANCER WAY 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
2019 24 MAY	£527,500	£337,535	56% above HPI
2010 19 NOV	£273,000	£205,532	33% above HPI
2002 30 AUG	£190,000	£140,147	36% above HPI
1998 26 JUN	£108,500	£75,359	44% above HPI
1995 10 MAR	£73,500	£59,064	24% above HPI

27 LANCER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The five 27 LANCER WAY sales between March 1995 and May 2019 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 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2019 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 27 LANCER WAY be worth now?

27 LANCER WAY might now be worth an estimated £654,153.

This is based on house price inflation of 24%, between May 2019 and July 2025, for semi-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 24% inflationary increase is applied to the most recent sale price for 27 LANCER WAY of £527,500 on 24th May 2019. For the value to have increased from £527,500 to £654,153 over the five years and ten months to July 2025, the following assumptions must hold true:

• The value of 27 LANCER WAY has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The May 2019 sale price of £527,500 represented a fair market value for the property.
• The size, condition, and specification of 27 LANCER WAY has not materially changed since May 2019.

How Large is 27 LANCER WAY?

27 LANCER WAY is 102m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 27 LANCER WAY lies on this distribution: 18% of semi-detached houses houses are smaller than 27 LANCER WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Billericay.

27 LANCER WAY: Plot and Title Map

27 LANCER WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 27 LANCER WAY, 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 27 LANCER WAY). 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 27 LANCER WAY?

27 LANCER WAY is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 27 on LANCER WAY.