356, OUTWOOD COMMON ROAD, BILLERICAY, CM11 2LT - £560,000

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.

356 OUTWOOD COMMON ROAD is a very small extended detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £750,550. It was last sold for £560,000 in April 2016, which was around 14% above the average April 2016 detached price in the Basildon local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

356 OUTWOOD COMMON ROAD Sold Prices

Land registry data shows four sales for 356 OUTWOOD COMMON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the four 356 OUTWOOD COMMON 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
2016 21 APR	£560,000	£491,851	14% above HPI
2014 17 SEP	£489,000	£406,760	20% above HPI
2010 14 OCT	£395,000	£347,997	14% above HPI
1996 1 AUG	£80,000	£104,677	24% below HPI

356 OUTWOOD COMMON 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 four 356 OUTWOOD COMMON ROAD sales between August 1996 and April 2016 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 September 2014 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 356 OUTWOOD COMMON ROAD be worth now?

356 OUTWOOD COMMON ROAD might now be worth an estimated £750,550.

This is based on house price inflation of 34%, between April 2016 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 34% inflationary increase is applied to the most recent sale price for 356 OUTWOOD COMMON ROAD of £560,000 on 21st April 2016. For the value to have increased from £560,000 to £750,550 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 356 OUTWOOD COMMON ROAD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The April 2016 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 356 OUTWOOD COMMON ROAD has not materially changed since April 2016.

How Large is 356 OUTWOOD COMMON ROAD?

356 OUTWOOD COMMON ROAD is 74m², which includes one extension, according to the EPC inspection conducted in September 2009. 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 356 OUTWOOD COMMON ROAD lies on this distribution: 5% of detached houses houses are smaller than 356 OUTWOOD COMMON ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Billericay.

356 OUTWOOD COMMON ROAD: Plot and Title Map

356 OUTWOOD COMMON ROAD sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 356 OUTWOOD COMMON 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 356 OUTWOOD COMMON 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 356 OUTWOOD COMMON ROAD?

356 OUTWOOD COMMON ROAD is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 356 on OUTWOOD COMMON ROAD.