4, FERNLEA PLACE, BILLERICAY, CM11 1GG - £1,000,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 FERNLEA PLACE is a very large extended detached house of 249m², built sometime from 2007 onwards. It was last sold for £1,000,000 in July 2018, which was around 78% above the average July 2018 detached price in the Basildon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

4 FERNLEA PLACE Sold Prices

Land registry data shows two sales for 4 FERNLEA PLACE 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 4 FERNLEA PLACE 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
2018 27 JUL	£1,000,000	£560,857	78% above HPI
2011 14 JAN	£900,000	£334,606	169% above HPI

4 FERNLEA PLACE 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 4 FERNLEA PLACE sales from January 2011 and July 2018 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 2011 sale was for 169% above the HPI. So the extrapolation line tracks at 169% above the HPI over time, until the July 2018 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 4 FERNLEA PLACE?

4 FERNLEA PLACE is 249m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 4 FERNLEA PLACE lies on this distribution: 94% of detached houses are smaller than 4 FERNLEA PLACE, and 6% of houses are larger. Note that EPC data is not available for all properties in Billericay.

4 FERNLEA PLACE: Plot and Title Map

4 FERNLEA PLACE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 4 FERNLEA PLACE, 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 FERNLEA PLACE). 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 FERNLEA PLACE?

4 FERNLEA PLACE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 4 on FERNLEA PLACE.