31, FAIRFIELD RISE, BILLERICAY, CM12 9NP - £415,000

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.

31 FAIRFIELD RISE is a very small semi-detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £431,975. It was last sold for £415,000 in July 2023, which was around 4% above the average July 2023 semi-detached price in the Basildon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

31 FAIRFIELD RISE Sold Prices

Land registry data shows four sales for 31 FAIRFIELD RISE 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. Most of the four 31 FAIRFIELD RISE 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
2023 28 JUL	£415,000	£400,415	4% above HPI
2013 2 APR	£265,000	£210,478	26% above HPI
2006 20 OCT	£247,500	£198,345	25% above HPI
2004 11 OCT	£191,000	£192,089	1% below HPI

31 FAIRFIELD RISE 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 31 FAIRFIELD RISE sales between October 2004 and July 2023 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 April 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 31 FAIRFIELD RISE be worth now?

31 FAIRFIELD RISE might now be worth an estimated £431,975.

This is based on house price inflation of 4.1%, between July 2023 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 4.1% inflationary increase is applied to the most recent sale price for 31 FAIRFIELD RISE of £415,000 on 28th July 2023. For the value to have increased from £415,000 to £431,975 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 31 FAIRFIELD RISE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The July 2023 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FAIRFIELD RISE has not materially changed since July 2023.

How Large is 31 FAIRFIELD RISE?

31 FAIRFIELD RISE is 62m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% 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 31 FAIRFIELD RISE lies on this distribution: 2% of semi-detached houses houses are smaller than 31 FAIRFIELD RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Billericay.

31 FAIRFIELD RISE: Plot and Title Map

31 FAIRFIELD RISE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 31 FAIRFIELD RISE, 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 31 FAIRFIELD RISE). 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 31 FAIRFIELD RISE?

31 FAIRFIELD RISE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 31 on FAIRFIELD RISE.