28, THE ROWANS, BILLERICAY, CM11 2PB - £565,000

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.

28 THE ROWANS is a small extended detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £595,979. It was last sold for £565,000 in December 2021, which was around 10% below the average December 2021 detached price in the Basildon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

28 THE ROWANS Sold Prices

Land registry data shows three sales for 28 THE ROWANS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Two of the three 28 THE ROWANS sales were for below the average price, whilst one was 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
2021 16 DEC	£565,000	£624,946	10% below HPI
2016 15 SEP	£459,995	£523,084	12% below HPI
2001 31 MAY	£185,000	£182,445	1% above HPI

28 THE ROWANS 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 three 28 THE ROWANS sales between May 2001 and December 2021 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 September 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 28 THE ROWANS be worth now?

28 THE ROWANS might now be worth an estimated £595,979.

This is based on house price inflation of 5.5%, between December 2021 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 5.5% inflationary increase is applied to the most recent sale price for 28 THE ROWANS of £565,000 on 16th December 2021. For the value to have increased from £565,000 to £595,979 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 28 THE ROWANS has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2021 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 28 THE ROWANS has not materially changed since December 2021.

How Large is 28 THE ROWANS?

28 THE ROWANS is 120m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% 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 28 THE ROWANS lies on this distribution: 34% of detached houses houses are smaller than 28 THE ROWANS, and 64% of houses are larger. Note that EPC data is not available for all properties in Billericay.

28 THE ROWANS: Plot and Title Map

28 THE ROWANS sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 28 THE ROWANS, 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 28 THE ROWANS). 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 28 THE ROWANS?

28 THE ROWANS is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 28 on THE ROWANS.