29, HILLWAY, BILLERICAY, CM11 2LX - £490,000

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.

29 HILLWAY is a very large detached house of 286m², built sometime between 1967 and 1975, which could now be worth an estimated £787,290. It was last sold for £490,000 in December 2014, which was around 19% above the average December 2014 detached price in the Basildon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

29 HILLWAY Sold Prices

Land registry data shows three sales for 29 HILLWAY 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 29 HILLWAY sales were for above the average price, whilst one was 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
2014 5 DEC	£490,000	£410,286	19% above HPI
2003 13 NOV	£84,000	£283,141	70% below HPI
2000 4 APR	£275,000	£157,150	75% above HPI

29 HILLWAY 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 29 HILLWAY sales between April 2000 and December 2014 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 2003 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the December 2014 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 29 HILLWAY be worth now?

29 HILLWAY might now be worth an estimated £787,290.

This is based on house price inflation of 60.7%, between December 2014 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 60.7% inflationary increase is applied to the most recent sale price for 29 HILLWAY of £490,000 on 5th December 2014. For the value to have increased from £490,000 to £787,290 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 29 HILLWAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2014 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 29 HILLWAY has not materially changed since December 2014.

How Large is 29 HILLWAY?

29 HILLWAY is 286m² according to the EPC inspection conducted in January 2015. This puts it in the largest 10% 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 29 HILLWAY lies on this distribution: 97% of detached houses houses are smaller than 29 HILLWAY, and 3% of houses are larger. Note that EPC data is not available for all properties in Billericay.

29 HILLWAY: Plot and Title Map

29 HILLWAY sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of 29 HILLWAY, 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 29 HILLWAY). 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 29 HILLWAY?

29 HILLWAY is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 29 on HILLWAY.