4, GOLDCREST DRIVE, BILLERICAY, CM11 2YS - £550,000

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 GOLDCREST DRIVE is a very small detached house of 94m², built sometime between 1991 and 1995, which could now be worth an estimated £655,460. It was last sold for £550,000 in April 2018, which was around 1% below the average April 2018 detached price in the Basildon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

4 GOLDCREST DRIVE Sold Prices

Land registry data shows three sales for 4 GOLDCREST DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. One of the three 4 GOLDCREST DRIVE sales was for below the average price, whilst two 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 23 APR	£550,000	£553,148	1% below HPI
2001 31 JAN	£187,000	£176,445	6% above HPI
1995 29 JUN	£116,000	£98,986	17% above HPI

4 GOLDCREST DRIVE 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 three 4 GOLDCREST DRIVE sales between June 1995 and April 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 2001 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 GOLDCREST DRIVE be worth now?

4 GOLDCREST DRIVE might now be worth an estimated £655,460.

This is based on house price inflation of 19.2%, between April 2018 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 19.2% inflationary increase is applied to the most recent sale price for 4 GOLDCREST DRIVE of £550,000 on 23rd April 2018. For the value to have increased from £550,000 to £655,460 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 4 GOLDCREST DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The April 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GOLDCREST DRIVE has not materially changed since April 2018.

How Large is 4 GOLDCREST DRIVE?

4 GOLDCREST DRIVE is 94m² according to the EPC inspection conducted in July 2017. 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 GOLDCREST DRIVE lies on this distribution: 13% of detached houses houses are smaller than 4 GOLDCREST DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Billericay.

4 GOLDCREST DRIVE: Plot and Title Map

4 GOLDCREST DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 4 GOLDCREST DRIVE, 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 GOLDCREST DRIVE). 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 GOLDCREST DRIVE?

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