318, PERRY STREET, BILLERICAY, CM12 0RF - £457,500

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.

318 PERRY STREET is a very small extended detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £486,105. It was last sold for £457,500 in November 2021, which was around 26% below the average November 2021 detached price in the Basildon local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

318 PERRY STREET Sold Prices

Land registry data shows two sales for 318 PERRY STREET 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 318 PERRY STREET 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
2021 25 NOV	£457,500	£620,420	26% below HPI
1996 8 JUL	£67,500	£100,536	33% below HPI

318 PERRY STREET 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 318 PERRY STREET sales from July 1996 and November 2021 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 July 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 318 PERRY STREET be worth now?

318 PERRY STREET might now be worth an estimated £486,105.

This is based on house price inflation of 6.3%, between November 2021 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 6.3% inflationary increase is applied to the most recent sale price for 318 PERRY STREET of £457,500 on 25th November 2021. For the value to have increased from £457,500 to £486,105 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 318 PERRY STREET has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2021 sale price of £457,500 represented a fair market value for the property.
• The size, condition, and specification of 318 PERRY STREET has not materially changed since November 2021.

How Large is 318 PERRY STREET?

318 PERRY STREET is 72m², which includes one extension, according to the EPC inspection conducted in June 2021. 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 318 PERRY STREET lies on this distribution: 4% of detached houses houses are smaller than 318 PERRY STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Billericay.

318 PERRY STREET: Plot and Title Map

318 PERRY STREET sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 318 PERRY STREET, 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 318 PERRY STREET). 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 318 PERRY STREET?

318 PERRY STREET is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 318 on PERRY STREET.