3, WIGGINS LANE, BILLERICAY, CM12 9PS - £460,000

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 WIGGINS LANE is a very small extended semi-detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £530,705. It was last sold for £460,000 in March 2021, which was around 27% above the average March 2021 semi-detached price in the Basildon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

3 WIGGINS LANE Sold Prices

Land registry data shows four sales for 3 WIGGINS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the four 3 WIGGINS LANE 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
2021 16 MAR	£460,000	£361,264	27% above HPI
2006 21 DEC	£259,000	£203,226	27% above HPI
1999 19 NOV	£109,000	£84,176	29% above HPI
1996 12 DEC	£90,000	£62,847	43% above HPI

3 WIGGINS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The four 3 WIGGINS LANE sales between December 1996 and March 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 December 2006 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2021 sale, which was also at 27% above the HPI.

What might 3 WIGGINS LANE be worth now?

3 WIGGINS LANE might now be worth an estimated £530,705.

This is based on house price inflation of 15.4%, between March 2021 and February 2025, for semi-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 15.4% inflationary increase is applied to the most recent sale price for 3 WIGGINS LANE of £460,000 on 16th March 2021. For the value to have increased from £460,000 to £530,705 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 3 WIGGINS LANE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The March 2021 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WIGGINS LANE has not materially changed since March 2021.

How Large is 3 WIGGINS LANE?

3 WIGGINS LANE is 104m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 3 WIGGINS LANE lies on this distribution: 20% of semi-detached houses houses are smaller than 3 WIGGINS LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Billericay.

3 WIGGINS LANE: Plot and Title Map

3 WIGGINS LANE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 3 WIGGINS LANE, 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 WIGGINS LANE). 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 WIGGINS LANE?

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