40, CHESTWOOD CLOSE, BILLERICAY, CM12 0PB - £750,000

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.

40 CHESTWOOD CLOSE is a midsized extended detached house of 148m², built sometime between 1967 and 1975, which could now be worth an estimated £765,979. It was last sold for £750,000 in May 2022, which was around 16% above the average May 2022 detached price in the Basildon local authority area. The most recent EPC inspection was January 2025, where the current energy rating was C, and the potential energy rating was B.

40 CHESTWOOD CLOSE Sold Prices

Land registry data shows four sales for 40 CHESTWOOD CLOSE 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 40 CHESTWOOD 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
2022 11 MAY	£750,000	£645,460	16% above HPI
2015 10 JUL	£482,500	£434,674	11% above HPI
2006 13 APR	£420,000	£313,582	34% above HPI
1995 31 MAR	£117,000	£99,137	18% above HPI

40 CHESTWOOD CLOSE 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 40 CHESTWOOD CLOSE sales between March 1995 and May 2022 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 July 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 40 CHESTWOOD CLOSE be worth now?

40 CHESTWOOD CLOSE might now be worth an estimated £765,979.

This is based on house price inflation of 2.1%, between May 2022 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 2.1% inflationary increase is applied to the most recent sale price for 40 CHESTWOOD CLOSE of £750,000 on 11th May 2022. For the value to have increased from £750,000 to £765,979 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 40 CHESTWOOD CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CHESTWOOD CLOSE has not materially changed since May 2022.

How Large is 40 CHESTWOOD CLOSE?

40 CHESTWOOD CLOSE is 148m², which includes one extension, according to the EPC inspection conducted in January 2025. This puts it in the largest 40% 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 40 CHESTWOOD CLOSE lies on this distribution: 60% of detached houses houses are smaller than 40 CHESTWOOD CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Billericay.

40 CHESTWOOD CLOSE: Plot and Title Map

40 CHESTWOOD CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 40 CHESTWOOD 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 40 CHESTWOOD 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 40 CHESTWOOD CLOSE?

40 CHESTWOOD CLOSE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 40 on CHESTWOOD CLOSE.