3, SPRINGFIELD ROAD, BILLERICAY, CM12 0PS - £620,000

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 SPRINGFIELD ROAD is a very small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £620,000 in September 2016, which was around 19% above the average September 2016 detached price in the Basildon local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

3 SPRINGFIELD ROAD Sold Prices

Land registry data shows six sales for 3 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the six 3 SPRINGFIELD ROAD 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
2016 2 SEP	£620,000	£519,826	19% above HPI
2007 9 AUG	£477,000	£347,198	37% above HPI
2006 17 FEB	£430,000	£311,007	38% above HPI
2000 25 AUG	£189,995	£172,195	10% above HPI
1997 4 JUL	£118,000	£110,905	6% above HPI
1996 30 AUG	£110,000	£104,026	6% above HPI

3 SPRINGFIELD ROAD 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 six 3 SPRINGFIELD ROAD sales between August 1996 and September 2016 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 August 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2016 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 3 SPRINGFIELD ROAD?

3 SPRINGFIELD ROAD is 95m², which includes one extension, according to the EPC inspection conducted in July 2011. 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 SPRINGFIELD ROAD lies on this distribution: 14% of detached houses are smaller than 3 SPRINGFIELD ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Billericay.

3 SPRINGFIELD ROAD: Plot and Title Map

3 SPRINGFIELD ROAD sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 3 SPRINGFIELD ROAD, 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 SPRINGFIELD ROAD). 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 SPRINGFIELD ROAD?

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