3, DEDHAM CLOSE, BILLERICAY, CM11 2EB - £237,000

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 DEDHAM CLOSE is a very small detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £454,596. It was last sold for £237,000 in March 2013, which was around 31% below the average March 2013 detached price in the Basildon local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

3 DEDHAM CLOSE Sold Prices

Land registry data shows three sales for 3 DEDHAM 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 DEDHAM CLOSE 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
2013 22 MAR	£237,000	£343,675	31% below HPI
2007 29 OCT	£235,000	£358,131	34% below HPI
1995 3 MAR	£58,000	£99,137	41% below HPI

3 DEDHAM 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 DEDHAM CLOSE sales between March 1995 and March 2013 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 October 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2013 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 DEDHAM CLOSE be worth now?

3 DEDHAM CLOSE might now be worth an estimated £454,596.

This is based on house price inflation of 91.8%, between March 2013 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 91.8% inflationary increase is applied to the most recent sale price for 3 DEDHAM CLOSE of £237,000 on 22nd March 2013. For the value to have increased from £237,000 to £454,596 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of 3 DEDHAM CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The March 2013 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DEDHAM CLOSE has not materially changed since March 2013.

How Large is 3 DEDHAM CLOSE?

3 DEDHAM CLOSE is 85m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 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 3 DEDHAM CLOSE lies on this distribution: 10% of detached houses houses are smaller than 3 DEDHAM CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Billericay.

3 DEDHAM CLOSE: Plot and Title Map

3 DEDHAM CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 3 DEDHAM 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 DEDHAM 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 DEDHAM CLOSE?

3 DEDHAM CLOSE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 3 on DEDHAM CLOSE.