3, BURLEIGH CLOSE, BILLERICAY, CM12 0YG - £730,000

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.

3 BURLEIGH CLOSE is a large extended detached house of 173m², built sometime between 1983 and 1990, which could now be worth an estimated £874,825. It was last sold for £730,000 in March 2018, which was around 33% above the average March 2018 detached price in the Basildon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

3 BURLEIGH CLOSE Sold Prices

Land registry data shows three sales for 3 BURLEIGH CLOSE 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 3 BURLEIGH CLOSE 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
2018 16 MAR	£730,000	£550,081	33% above HPI
2015 10 JUL	£618,000	£434,674	42% above HPI
1997 7 JAN	£175,000	£109,575	60% above HPI

3 BURLEIGH 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 three 3 BURLEIGH CLOSE sales between January 1997 and March 2018 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 2015 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the March 2018 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 3 BURLEIGH CLOSE be worth now?

3 BURLEIGH CLOSE might now be worth an estimated £874,825.

This is based on house price inflation of 19.8%, between March 2018 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 19.8% inflationary increase is applied to the most recent sale price for 3 BURLEIGH CLOSE of £730,000 on 16th March 2018. For the value to have increased from £730,000 to £874,825 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 3 BURLEIGH CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The March 2018 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BURLEIGH CLOSE has not materially changed since March 2018.

How Large is 3 BURLEIGH CLOSE?

3 BURLEIGH CLOSE is 173m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% 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 3 BURLEIGH CLOSE lies on this distribution: 75% of detached houses houses are smaller than 3 BURLEIGH CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Billericay.

3 BURLEIGH CLOSE: Plot and Title Map

3 BURLEIGH CLOSE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 3 BURLEIGH 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 3 BURLEIGH 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 3 BURLEIGH CLOSE?

3 BURLEIGH CLOSE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 3 on BURLEIGH CLOSE.