3, LANGEMORE WAY, BILLERICAY, CM11 2BT - £557,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 LANGEMORE WAY is a very small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £557,500 in October 2022, which was around 17% below the average October 2022 detached price in the Basildon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

3 LANGEMORE WAY Sold Prices

Land registry data shows two sales for 3 LANGEMORE WAY 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 LANGEMORE 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
2022 3 OCT	£557,500	£675,495	17% below HPI
2016 21 JUN	£439,995	£496,602	11% below HPI

3 LANGEMORE 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 two 3 LANGEMORE WAY sales from June 2016 and October 2022 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 June 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 LANGEMORE WAY?

3 LANGEMORE WAY is 86m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% 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 LANGEMORE WAY lies on this distribution: 10% of detached houses are smaller than 3 LANGEMORE WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Billericay.

3 LANGEMORE WAY: Plot and Title Map

3 LANGEMORE WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 3 LANGEMORE 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 3 LANGEMORE 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 3 LANGEMORE WAY?

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