4, HIGH VIEW RISE, CRAYS HILL, BILLERICAY, CM11 2XU - £357,000

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 HIGH VIEW RISE is a very small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £357,000 in February 2015, which was around 13% below the average February 2015 detached price in the Basildon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

4 HIGH VIEW RISE Sold Prices

Land registry data shows two sales for 4 HIGH VIEW RISE 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. One of the two 4 HIGH VIEW RISE sales was for below the average price, whilst the other was 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
2015 12 FEB	£357,000	£410,372	13% below HPI
2002 6 DEC	£270,000	£262,113	3% above HPI

4 HIGH VIEW RISE 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 HIGH VIEW RISE sales from December 2002 and February 2015 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 December 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 HIGH VIEW RISE?

4 HIGH VIEW RISE is 100m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in Crays Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Crays Hill, and where 4 HIGH VIEW RISE lies on this distribution: 15% of detached houses are smaller than 4 HIGH VIEW RISE, and 85% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

4 HIGH VIEW RISE: Plot and Title Map

4 HIGH VIEW RISE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 4 HIGH VIEW RISE, 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 HIGH VIEW RISE). 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 HIGH VIEW RISE?

4 HIGH VIEW RISE is located in CRAYS HILL, in the CM11 postcode district. The below map shows the position of No. 4 on HIGH VIEW RISE.