4, CROSSBY CLOSE, MOUNTNESSING, BRENTWOOD, CM15 0TP - £425,000

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.

4 CROSSBY CLOSE is a very small semi-detached house of 62m², built sometime between 1930 and 1949, which could now be worth an estimated £465,234. It was last sold for £425,000 in June 2021, which was around 13% below the average June 2021 semi-detached price in the Brentwood local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

4 CROSSBY CLOSE Sold Prices

Land registry data shows three sales for 4 CROSSBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Brentwood local authority area for the corresponding sale date. All of the three 4 CROSSBY CLOSE 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 28 JUN	£425,000	£489,099	13% below HPI
2014 1 JUL	£273,000	£346,016	21% below HPI
1999 12 AUG	£120,000	£122,224	2% below HPI

4 CROSSBY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Brentwood local authority area over time, sourced from the HPI. The three 4 CROSSBY CLOSE sales between August 1999 and June 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 CROSSBY CLOSE be worth now?

4 CROSSBY CLOSE might now be worth an estimated £465,234.

This is based on house price inflation of 9.5%, between June 2021 and February 2025, for semi-detached houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.5% inflationary increase is applied to the most recent sale price for 4 CROSSBY CLOSE of £425,000 on 28th June 2021. For the value to have increased from £425,000 to £465,234 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 4 CROSSBY CLOSE has moved in line with the HPI for semi-detached houses in the Brentwood local authority area.
• The June 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CROSSBY CLOSE has not materially changed since June 2021.

How Large is 4 CROSSBY CLOSE?

4 CROSSBY CLOSE is 62m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of semi-detached houses houses in Mountnessing, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mountnessing, and where 4 CROSSBY CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 4 CROSSBY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Mountnessing.

4 CROSSBY CLOSE: Plot and Title Map

4 CROSSBY CLOSE sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of 4 CROSSBY CLOSE, 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 4 CROSSBY CLOSE). 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 4 CROSSBY CLOSE?

4 CROSSBY CLOSE is located in MOUNTNESSING, in the CM15 postcode district. The below map shows the position of No. 4 on CROSSBY CLOSE.