2B, BEAMS WAY, BILLERICAY, CM11 2NL - £550,000

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.

2B BEAMS WAY is a midsized extended detached house of 130m², built sometime between 2003 and 2006, which could now be worth an estimated £599,395. It was last sold for £550,000 in September 2021, which was around 9% below the average September 2021 detached price in the Basildon local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

2B BEAMS WAY Sold Prices

Land registry data shows three sales for 2B BEAMS WAY 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. All of the three 2B BEAMS WAY 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
2021 29 SEP	£550,000	£604,888	9% below HPI
2013 31 JUL	£350,000	£358,325	2% below HPI
2009 5 JUN	£300,000	£305,067	2% below HPI

2B BEAMS WAY 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 2B BEAMS WAY sales between June 2009 and September 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 July 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2B BEAMS WAY be worth now?

2B BEAMS WAY might now be worth an estimated £599,395.

This is based on house price inflation of 9%, between September 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 9% inflationary increase is applied to the most recent sale price for 2B BEAMS WAY of £550,000 on 29th September 2021. For the value to have increased from £550,000 to £599,395 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2B BEAMS WAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The September 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 2B BEAMS WAY has not materially changed since September 2021.

How Large is 2B BEAMS WAY?

2B BEAMS WAY is 130m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 50% 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 2B BEAMS WAY lies on this distribution: 46% of detached houses houses are smaller than 2B BEAMS WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Billericay.

2B BEAMS WAY: Plot and Title Map

2B BEAMS WAY sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 2B BEAMS 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 2B BEAMS 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 2B BEAMS WAY?

2B BEAMS WAY is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 2B on BEAMS WAY.