31, REGENT DRIVE, BILLERICAY, CM12 0GD - £575,000

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 REGENT DRIVE is a small detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £640,027. It was last sold for £575,000 in October 2020, which was around 3% below the average October 2020 detached price in the Basildon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

31 REGENT DRIVE Sold Prices

Land registry data shows five sales for 31 REGENT DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the five 31 REGENT DRIVE 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 8 OCT	£575,000	£592,236	3% below HPI
2016 12 JAN	£435,000	£480,740	10% below HPI
2006 15 JUN	£339,900	£313,200	9% above HPI
2002 9 OCT	£310,000	£248,728	25% above HPI
2002 28 MAR	£275,000	£213,848	29% above HPI

31 REGENT DRIVE 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 five 31 REGENT DRIVE sales between March 2002 and October 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 January 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 31 REGENT DRIVE be worth now?

31 REGENT DRIVE might now be worth an estimated £640,027.

This is based on house price inflation of 11.3%, between October 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 11.3% inflationary increase is applied to the most recent sale price for 31 REGENT DRIVE of £575,000 on 8th October 2020. For the value to have increased from £575,000 to £640,027 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 31 REGENT DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2020 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 31 REGENT DRIVE has not materially changed since October 2020.

How Large is 31 REGENT DRIVE?

31 REGENT DRIVE is 109m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% 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 31 REGENT DRIVE lies on this distribution: 23% of detached houses houses are smaller than 31 REGENT DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Billericay.

31 REGENT DRIVE: Plot and Title Map

31 REGENT DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 31 REGENT DRIVE, 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 REGENT DRIVE). 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 REGENT DRIVE?

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