37, GREENS FARM LANE, BILLERICAY, CM11 2EX - £340,000

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.

37 GREENS FARM LANE is a very small detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £551,178. It was last sold for £340,000 in October 2014, which was around 16% below the average October 2014 detached price in the Basildon local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

37 GREENS FARM LANE Sold Prices

Land registry data shows three sales for 37 GREENS FARM LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. The three 37 GREENS FARM LANE sales were a mix of below the average price, and roughly equal to 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
2014 10 OCT	£340,000	£406,642	16% below HPI
2013 2 AUG	£300,000	£357,610	16% below HPI
1997 31 JAN	£110,000	£109,575	Close to HPI

37 GREENS FARM LANE 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 three 37 GREENS FARM LANE sales between January 1997 and October 2014 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 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2014 sale, which was also at 16% below the HPI.

What might 37 GREENS FARM LANE be worth now?

37 GREENS FARM LANE might now be worth an estimated £551,178.

This is based on house price inflation of 62.1%, between October 2014 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 62.1% inflationary increase is applied to the most recent sale price for 37 GREENS FARM LANE of £340,000 on 10th October 2014. For the value to have increased from £340,000 to £551,178 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 37 GREENS FARM LANE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2014 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 37 GREENS FARM LANE has not materially changed since October 2014.

How Large is 37 GREENS FARM LANE?

37 GREENS FARM LANE is 90m² according to the EPC inspection conducted in May 2013. 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 37 GREENS FARM LANE lies on this distribution: 12% of detached houses houses are smaller than 37 GREENS FARM LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Billericay.

37 GREENS FARM LANE: Plot and Title Map

37 GREENS FARM LANE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 37 GREENS FARM LANE, 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 37 GREENS FARM LANE). 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 37 GREENS FARM LANE?

37 GREENS FARM LANE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 37 on GREENS FARM LANE.