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
437 OUTWOOD COMMON ROAD is a very large detached house of 207m², built sometime between 1950 and 1966. It was last sold for £459,000 in January 2005, which was around 50% above the average January 2005 detached price in the Basildon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 437 OUTWOOD COMMON ROAD since 1st 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. Both of the two 437 OUTWOOD COMMON ROAD 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 |
---|---|---|---|
2005 27 JAN | £459,000 | £306,871 | 50% above HPI |
2001 16 MAY | £270,000 | £181,309 | 49% above HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The two 437 OUTWOOD COMMON ROAD sales from May 2001 and January 2005 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 2001 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the January 2005 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.
437 OUTWOOD COMMON ROAD is 207m² according to the EPC inspection conducted in February 2014. This puts it in the largest 20% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 437 OUTWOOD COMMON ROAD lies on this distribution: 87% of detached houses are smaller than 437 OUTWOOD COMMON ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Billericay.
437 OUTWOOD COMMON ROAD sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 437 OUTWOOD COMMON ROAD, 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 437 OUTWOOD COMMON ROAD). 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.
437 OUTWOOD COMMON ROAD is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 437 on OUTWOOD COMMON ROAD.