38, CROMWELL AVENUE, BILLERICAY, CM12 0AG - £325,000

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.

38 CROMWELL AVENUE is a very small detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £639,049. It was last sold for £325,000 in December 2010, which was around 3% below the average December 2010 detached price in the Basildon local authority area. The most recent EPC inspection was December 2008, where the current energy rating was F, and the potential energy rating was E.

38 CROMWELL AVENUE Sold Prices

Land registry data shows three sales for 38 CROMWELL AVENUE 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. All of the three 38 CROMWELL AVENUE 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
2010 14 DEC	£325,000	£335,254	3% below HPI
2003 30 JAN	£248,500	£266,143	7% below HPI
1998 12 JAN	£115,000	£119,200	4% below HPI

38 CROMWELL AVENUE 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 38 CROMWELL AVENUE sales between January 1998 and December 2010 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 January 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2010 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 38 CROMWELL AVENUE be worth now?

38 CROMWELL AVENUE might now be worth an estimated £639,049.

This is based on house price inflation of 96.6%, between December 2010 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 96.6% inflationary increase is applied to the most recent sale price for 38 CROMWELL AVENUE of £325,000 on 14th December 2010. For the value to have increased from £325,000 to £639,049 over the fifteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 CROMWELL AVENUE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2010 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 38 CROMWELL AVENUE has not materially changed since December 2010.

How Large is 38 CROMWELL AVENUE?

38 CROMWELL AVENUE is 60m² according to the EPC inspection conducted in December 2008. 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 38 CROMWELL AVENUE lies on this distribution: 1% of detached houses houses are smaller than 38 CROMWELL AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Billericay.

38 CROMWELL AVENUE: Plot and Title Map

38 CROMWELL AVENUE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 38 CROMWELL AVENUE, 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 38 CROMWELL AVENUE). 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 38 CROMWELL AVENUE?

38 CROMWELL AVENUE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 38 on CROMWELL AVENUE.