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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 GAINSBOROUGH CLOSE is a midsized extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £715,000 in February 2022, which was around 14% 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	£627,037	14% above HPI
1998 30 SEP	£203,000	£128,103	58% 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 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

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 in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 4 GAINSBOROUGH CLOSE lies on this distribution: 46% of detached houses are smaller than 4 GAINSBOROUGH CLOSE, and 53% 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.