47, FAIRFIELD RISE, BILLERICAY, CM12 9NP - £293,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

47 FAIRFIELD RISE is a very small extended detached house of 65m², built sometime between 1950 and 1966. It was last sold for £293,000 in October 2010, which was around 15% below the average October 2010 detached price in the Basildon local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

47 FAIRFIELD RISE Sold Prices

Land registry data shows two sales for 47 FAIRFIELD RISE since 1^st 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 47 FAIRFIELD RISE 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
2010 8 OCT	£293,000	£345,830	15% below HPI
2003 3 JAN	£239,995	£264,485	9% below HPI

47 FAIRFIELD RISE 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 two 47 FAIRFIELD RISE sales from January 2003 and October 2010 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 January 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2010 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 47 FAIRFIELD RISE?

47 FAIRFIELD RISE is 65m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 47 FAIRFIELD RISE lies on this distribution: 2% of detached houses are smaller than 47 FAIRFIELD RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Billericay.

47 FAIRFIELD RISE: Plot and Title Map

47 FAIRFIELD RISE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 47 FAIRFIELD RISE, 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 47 FAIRFIELD RISE). 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 47 FAIRFIELD RISE?

47 FAIRFIELD RISE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 47 on FAIRFIELD RISE.