324, MOUNTNESSING ROAD, BILLERICAY, CM12 0HB - £707,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

324 MOUNTNESSING ROAD is a large extended detached house of 168m², built sometime between 1950 and 1966, which could now be worth an estimated £783,320. It was last sold for £707,500 in October 2020, which was around 19% above the average October 2020 detached price in the Basildon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

324 MOUNTNESSING ROAD Sold Prices

Land registry data shows two sales for 324 MOUNTNESSING ROAD 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 324 MOUNTNESSING ROAD 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 13 OCT	£707,500	£592,236	19% above HPI
1999 19 AUG	£182,000	£141,648	28% above HPI

324 MOUNTNESSING ROAD 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 324 MOUNTNESSING ROAD sales from August 1999 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 August 1999 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2020 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 324 MOUNTNESSING ROAD be worth now?

324 MOUNTNESSING ROAD might now be worth an estimated £783,320.

This is based on house price inflation of 10.7%, between October 2020 and December 2024, 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 10.7% inflationary increase is applied to the most recent sale price for 324 MOUNTNESSING ROAD of £707,500 on 13th October 2020. For the value to have increased from £707,500 to £783,320 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 324 MOUNTNESSING ROAD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2020 sale price of £707,500 represented a fair market value for the property.
• The size, condition, and specification of 324 MOUNTNESSING ROAD has not materially changed since October 2020.

How Large is 324 MOUNTNESSING ROAD?

324 MOUNTNESSING ROAD is 168m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 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 324 MOUNTNESSING ROAD lies on this distribution: 73% of detached houses houses are smaller than 324 MOUNTNESSING ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Billericay.

324 MOUNTNESSING ROAD: Plot and Title Map

324 MOUNTNESSING ROAD sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 324 MOUNTNESSING ROAD, 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 324 MOUNTNESSING ROAD). 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 324 MOUNTNESSING ROAD?

324 MOUNTNESSING ROAD is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 324 on MOUNTNESSING ROAD.