31, SOUTH RIDGE, BILLERICAY, CM11 2EP - £370,000

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 SOUTH RIDGE is a very small extended detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £436,369. It was last sold for £370,000 in June 2018, which was around 34% below the average June 2018 detached price in the Basildon local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

31 SOUTH RIDGE Sold Prices

Land registry data shows two sales for 31 SOUTH RIDGE 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. Both of the two 31 SOUTH RIDGE sales were 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
2018 29 JUN	£370,000	£558,950	34% below HPI
2004 2 APR	£205,000	£293,699	30% below HPI

31 SOUTH RIDGE 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 SOUTH RIDGE sales from April 2004 and June 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 April 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 31 SOUTH RIDGE be worth now?

31 SOUTH RIDGE might now be worth an estimated £436,369.

This is based on house price inflation of 17.9%, between June 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 17.9% inflationary increase is applied to the most recent sale price for 31 SOUTH RIDGE of £370,000 on 29th June 2018. For the value to have increased from £370,000 to £436,369 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 31 SOUTH RIDGE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SOUTH RIDGE has not materially changed since June 2018.

How Large is 31 SOUTH RIDGE?

31 SOUTH RIDGE is 82m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 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 31 SOUTH RIDGE lies on this distribution: 8% of detached houses houses are smaller than 31 SOUTH RIDGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Billericay.

31 SOUTH RIDGE: Plot and Title Map

31 SOUTH RIDGE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 31 SOUTH RIDGE, 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 SOUTH RIDGE). 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 SOUTH RIDGE?

31 SOUTH RIDGE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 31 on SOUTH RIDGE.