3, CROMWELL AVENUE, BILLERICAY, CM12 0AE - £230,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 CROMWELL AVENUE is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £230,000 in September 2021, which was around 62% below the average September 2021 detached price in the Basildon local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

3 CROMWELL AVENUE Sold Prices

Land registry data shows two sales for 3 CROMWELL AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 3 CROMWELL AVENUE 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 22 SEP	£230,000	£601,121	62% below HPI
2003 29 SEP	£187,000	£289,114	35% below HPI

3 CROMWELL AVENUE 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 two 3 CROMWELL AVENUE sales from September 2003 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 September 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 3 CROMWELL AVENUE?

3 CROMWELL AVENUE is 82m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 3 CROMWELL AVENUE lies on this distribution: 9% of detached houses are smaller than 3 CROMWELL AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Billericay.

3 CROMWELL AVENUE: Plot and Title Map

3 CROMWELL AVENUE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 3 CROMWELL AVENUE, 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 CROMWELL AVENUE). 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 CROMWELL AVENUE?

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