4, PRINCES CLOSE, BILLERICAY, CM12 0FJ - £375,000

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 PRINCES CLOSE is a very small extended semi-detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £455,204. It was last sold for £375,000 in December 2019, which was around 9% above the average December 2019 semi-detached price in the Basildon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

4 PRINCES CLOSE Sold Prices

Land registry data shows four sales for 4 PRINCES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the four 4 PRINCES 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
2019 12 DEC	£375,000	£343,357	9% above HPI
2004 3 SEP	£243,500	£192,551	26% above HPI
2003 16 APR	£224,000	£161,999	38% above HPI
1998 29 JUN	£109,250	£75,359	45% above HPI

4 PRINCES CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The four 4 PRINCES CLOSE sales between June 1998 and December 2019 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 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 4 PRINCES CLOSE be worth now?

4 PRINCES CLOSE might now be worth an estimated £455,204.

This is based on house price inflation of 21.4%, between December 2019 and February 2025, for semi-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 21.4% inflationary increase is applied to the most recent sale price for 4 PRINCES CLOSE of £375,000 on 12th December 2019. For the value to have increased from £375,000 to £455,204 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 PRINCES CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The December 2019 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PRINCES CLOSE has not materially changed since December 2019.

How Large is 4 PRINCES CLOSE?

4 PRINCES CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 4 PRINCES CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 4 PRINCES CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Billericay.

4 PRINCES CLOSE: Plot and Title Map

4 PRINCES CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 4 PRINCES 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 PRINCES 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 PRINCES CLOSE?

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