4, LEIGHS RIFLEMAN, BILLERICAY, CM12 0XB - £412,500

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 LEIGHS RIFLEMAN is a very small extended detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £459,403. It was last sold for £412,500 in February 2021, which was around 30% below the average February 2021 detached price in the Basildon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

4 LEIGHS RIFLEMAN Sold Prices

Land registry data shows four sales for 4 LEIGHS RIFLEMAN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 4 LEIGHS RIFLEMAN sales were for below 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 12 FEB	£412,500	£591,910	30% below HPI
2014 1 AUG	£365,000	£403,685	10% below HPI
2006 26 APR	£299,995	£313,582	4% below HPI
2002 10 JUN	£174,995	£224,804	22% below HPI

4 LEIGHS RIFLEMAN 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 four 4 LEIGHS RIFLEMAN sales between June 2002 and February 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 August 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 LEIGHS RIFLEMAN be worth now?

4 LEIGHS RIFLEMAN might now be worth an estimated £459,403.

This is based on house price inflation of 11.4%, between February 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 11.4% inflationary increase is applied to the most recent sale price for 4 LEIGHS RIFLEMAN of £412,500 on 12th February 2021. For the value to have increased from £412,500 to £459,403 over the four years to February 2025, the following assumptions must hold true:

• The value of 4 LEIGHS RIFLEMAN has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2021 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of 4 LEIGHS RIFLEMAN has not materially changed since February 2021.

How Large is 4 LEIGHS RIFLEMAN?

4 LEIGHS RIFLEMAN is 100m², which includes one extension, according to the EPC inspection conducted in February 2014. 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 LEIGHS RIFLEMAN lies on this distribution: 17% of detached houses houses are smaller than 4 LEIGHS RIFLEMAN, and 82% of houses are larger. Note that EPC data is not available for all properties in Billericay.

4 LEIGHS RIFLEMAN: Plot and Title Map

4 LEIGHS RIFLEMAN sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 4 LEIGHS RIFLEMAN, 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 LEIGHS RIFLEMAN). 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 LEIGHS RIFLEMAN?

4 LEIGHS RIFLEMAN is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 4 on LEIGHS RIFLEMAN.