4, GOBIONS FARM CHASE, BILLERICAY, CM11 2EN - £610,000

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 GOBIONS FARM CHASE is a very small detached house of 92m², which could now be worth an estimated £666,982. It was last sold for £610,000 in August 2021, which was around 1% above the average August 2021 detached price in the Basildon local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

4 GOBIONS FARM CHASE Sold Prices

Land registry data shows two sales for 4 GOBIONS FARM CHASE 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 GOBIONS FARM CHASE 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
2021 24 AUG	£610,000	£602,894	1% above HPI
2016 28 OCT	£625,000	£525,464	19% above HPI

4 GOBIONS FARM CHASE 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 GOBIONS FARM CHASE sales from October 2016 and August 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 October 2016 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 4 GOBIONS FARM CHASE be worth now?

4 GOBIONS FARM CHASE might now be worth an estimated £666,982.

This is based on house price inflation of 9.3%, between August 2021 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 9.3% inflationary increase is applied to the most recent sale price for 4 GOBIONS FARM CHASE of £610,000 on 24th August 2021. For the value to have increased from £610,000 to £666,982 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 4 GOBIONS FARM CHASE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2021 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GOBIONS FARM CHASE has not materially changed since August 2021.

How Large is 4 GOBIONS FARM CHASE?

4 GOBIONS FARM CHASE is 92m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% 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 GOBIONS FARM CHASE lies on this distribution: 12% of detached houses houses are smaller than 4 GOBIONS FARM CHASE, and 87% of houses are larger. Note that EPC data is not available for all properties in Billericay.

4 GOBIONS FARM CHASE: Plot and Title Map

4 GOBIONS FARM CHASE sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 4 GOBIONS FARM CHASE, 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 GOBIONS FARM CHASE). 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 GOBIONS FARM CHASE?

4 GOBIONS FARM CHASE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 4 on GOBIONS FARM CHASE.