4, GAINSBOROUGH CLOSE, BILLERICAY, CM11 2DB - £715,000

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 GAINSBOROUGH CLOSE is a midsized extended detached house of 130m², built sometime between 1983 and 1990, which could now be worth an estimated £760,769. It was last sold for £715,000 in February 2022, which was around 13% above the average February 2022 detached price in the Basildon local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

4 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 4 GAINSBOROUGH CLOSE 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 GAINSBOROUGH CLOSE 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
2022 4 FEB	£715,000	£630,967	13% above HPI
1998 30 SEP	£203,000	£128,905	57% above HPI

4 GAINSBOROUGH CLOSE 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 GAINSBOROUGH CLOSE sales from September 1998 and February 2022 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 1998 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 4 GAINSBOROUGH CLOSE be worth now?

4 GAINSBOROUGH CLOSE might now be worth an estimated £760,769.

This is based on house price inflation of 6.4%, between February 2022 and June 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 6.4% inflationary increase is applied to the most recent sale price for 4 GAINSBOROUGH CLOSE of £715,000 on 4th February 2022. For the value to have increased from £715,000 to £760,769 over the two years and eight months to June 2025, the following assumptions must hold true:

• The value of 4 GAINSBOROUGH CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2022 sale price of £715,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GAINSBOROUGH CLOSE has not materially changed since February 2022.

How Large is 4 GAINSBOROUGH CLOSE?

4 GAINSBOROUGH CLOSE is 130m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% 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 4 GAINSBOROUGH CLOSE lies on this distribution: 46% of detached houses houses are smaller than 4 GAINSBOROUGH CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Billericay.

4 GAINSBOROUGH CLOSE: Plot and Title Map

4 GAINSBOROUGH CLOSE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 4 GAINSBOROUGH 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 GAINSBOROUGH 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 GAINSBOROUGH CLOSE?

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