31, SECOND AVENUE, BILLERICAY, CM12 9PP - £600,000

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 SECOND AVENUE is a very small detached house of 88m², which could now be worth an estimated £1,106,029. It was last sold for £600,000 in August 2013, which was around 68% above the average August 2013 detached price in the Basildon local authority area. The most recent EPC inspection was January 2011, where the current energy rating was B, and the potential energy rating was B.

31 SECOND AVENUE Sold Prices

Land registry data shows two sales for 31 SECOND AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. One of the two 31 SECOND AVENUE sales was for above the average price, whilst the other was for below 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
2013 20 AUG	£600,000	£357,610	68% above HPI
2010 17 NOV	£215,000	£339,890	37% below HPI

31 SECOND 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 two 31 SECOND AVENUE sales from November 2010 and August 2013 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 November 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2013 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 31 SECOND AVENUE be worth now?

31 SECOND AVENUE might now be worth an estimated £1,106,029.

This is based on house price inflation of 84.3%, between August 2013 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 84.3% inflationary increase is applied to the most recent sale price for 31 SECOND AVENUE of £600,000 on 20th August 2013. For the value to have increased from £600,000 to £1,106,029 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 31 SECOND AVENUE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2013 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SECOND AVENUE has not materially changed since August 2013.

How Large is 31 SECOND AVENUE?

31 SECOND AVENUE is 88m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% 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 SECOND AVENUE lies on this distribution: 11% of detached houses houses are smaller than 31 SECOND AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Billericay.

31 SECOND AVENUE: Plot and Title Map

31 SECOND AVENUE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 31 SECOND 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 31 SECOND 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 31 SECOND AVENUE?

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