40, WEST PARK AVENUE, BILLERICAY, CM12 9EF - £640,000

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 WEST PARK AVENUE is a large semi-detached house of 174m², which could now be worth an estimated £793,561. It was last sold for £640,000 in July 2019, which was around 88% above the average July 2019 semi-detached price in the Basildon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

40 WEST PARK AVENUE Sold Prices

Land registry data shows two sales for 40 WEST PARK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Both of the two 40 WEST PARK AVENUE 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 8 JUL	£640,000	£340,719	88% above HPI
2018 4 MAY	£510,000	£342,060	49% above HPI

40 WEST PARK AVENUE 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 two 40 WEST PARK AVENUE sales from May 2018 and July 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 May 2018 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2019 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might 40 WEST PARK AVENUE be worth now?

40 WEST PARK AVENUE might now be worth an estimated £793,561.

This is based on house price inflation of 24%, between July 2019 and June 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 24% inflationary increase is applied to the most recent sale price for 40 WEST PARK AVENUE of £640,000 on 8th July 2019. For the value to have increased from £640,000 to £793,561 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 40 WEST PARK AVENUE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The July 2019 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of 40 WEST PARK AVENUE has not materially changed since July 2019.

How Large is 40 WEST PARK AVENUE?

40 WEST PARK AVENUE is 174m² according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 40 WEST PARK AVENUE lies on this distribution: 75% of semi-detached houses houses are smaller than 40 WEST PARK AVENUE, and 25% of houses are larger. Note that EPC data is not available for all properties in Billericay.

40 WEST PARK AVENUE: Plot and Title Map

40 WEST PARK AVENUE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 40 WEST PARK AVENUE, 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 WEST PARK AVENUE). 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 WEST PARK AVENUE?

40 WEST PARK AVENUE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 40 on WEST PARK AVENUE.