3, PRINCES CLOSE, BILLERICAY, CM12 0FJ - £625,000

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 PRINCES CLOSE is a large extended detached house of 151m², built sometime between 1983 and 1990, which could now be worth an estimated £686,752. It was last sold for £625,000 in December 2020, which was around 4% above the average December 2020 detached price in the Basildon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

3 PRINCES CLOSE Sold Prices

Land registry data shows two sales for 3 PRINCES CLOSE 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 PRINCES 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
2020 22 DEC	£625,000	£599,936	4% above HPI
2001 28 MAR	£207,000	£177,438	17% above HPI

3 PRINCES 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 two 3 PRINCES CLOSE sales from March 2001 and December 2020 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 March 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2020 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 PRINCES CLOSE be worth now?

3 PRINCES CLOSE might now be worth an estimated £686,752.

This is based on house price inflation of 9.9%, between December 2020 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 9.9% inflationary increase is applied to the most recent sale price for 3 PRINCES CLOSE of £625,000 on 22nd December 2020. For the value to have increased from £625,000 to £686,752 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 PRINCES CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2020 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRINCES CLOSE has not materially changed since December 2020.

How Large is 3 PRINCES CLOSE?

3 PRINCES CLOSE is 151m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% 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 PRINCES CLOSE lies on this distribution: 62% of detached houses houses are smaller than 3 PRINCES CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Billericay.

3 PRINCES CLOSE: Plot and Title Map

3 PRINCES CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 3 PRINCES 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 PRINCES 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 PRINCES CLOSE?

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