30, LAKE AVENUE, BILLERICAY, CM12 0AJ - £1,125,000

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.

30 LAKE AVENUE is a very large extended detached house of 247m², built sometime between 1950 and 1966, which could now be worth an estimated £1,328,280. It was last sold for £1,125,000 in May 2018, which was around 101% above the average May 2018 detached price in the Basildon local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

30 LAKE AVENUE Sold Prices

Land registry data shows three sales for 30 LAKE AVENUE 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 30 LAKE AVENUE 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
2018 17 MAY	£1,125,000	£558,326	101% above HPI
2013 4 OCT	£925,000	£368,570	151% above HPI
2000 30 NOV	£420,000	£175,016	140% above HPI

30 LAKE AVENUE 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 30 LAKE AVENUE sales between November 2000 and May 2018 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 2013 sale was for 151% above the HPI. So the extrapolation line tracks at 151% above the HPI over time, until the May 2018 sale, where it falls to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might 30 LAKE AVENUE be worth now?

30 LAKE AVENUE might now be worth an estimated £1,328,280.

This is based on house price inflation of 18.1%, between May 2018 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 18.1% inflationary increase is applied to the most recent sale price for 30 LAKE AVENUE of £1,125,000 on 17th May 2018. For the value to have increased from £1,125,000 to £1,328,280 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 30 LAKE AVENUE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2018 sale price of £1,125,000 represented a fair market value for the property.
• The size, condition, and specification of 30 LAKE AVENUE has not materially changed since May 2018.

How Large is 30 LAKE AVENUE?

30 LAKE AVENUE is 247m², which includes four extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 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 30 LAKE AVENUE lies on this distribution: 94% of detached houses houses are smaller than 30 LAKE AVENUE, and 6% of houses are larger. Note that EPC data is not available for all properties in Billericay.

30 LAKE AVENUE: Plot and Title Map

30 LAKE AVENUE sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of 30 LAKE AVENUE, 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 30 LAKE AVENUE). 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 30 LAKE AVENUE?

30 LAKE AVENUE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 30 on LAKE AVENUE.