5, BLACKSMITH CLOSE, BILLERICAY, CM12 0XX - £450,000

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.

5 BLACKSMITH CLOSE is a midsized detached house of 136m², built sometime between 1983 and 1990, which could now be worth an estimated £852,437. It was last sold for £450,000 in October 2010, which was around 29% above the average October 2010 detached price in the Basildon local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

5 BLACKSMITH CLOSE Sold Prices

Land registry data shows three sales for 5 BLACKSMITH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 5 BLACKSMITH 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
2010 6 OCT	£450,000	£347,997	29% above HPI
2007 14 DEC	£460,000	£358,849	28% above HPI
1997 9 JAN	£142,000	£109,575	30% above HPI

5 BLACKSMITH 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 three 5 BLACKSMITH CLOSE sales between January 1997 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 December 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2010 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 5 BLACKSMITH CLOSE be worth now?

5 BLACKSMITH CLOSE might now be worth an estimated £852,437.

This is based on house price inflation of 89.4%, between October 2010 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 89.4% inflationary increase is applied to the most recent sale price for 5 BLACKSMITH CLOSE of £450,000 on 6th October 2010. For the value to have increased from £450,000 to £852,437 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 BLACKSMITH CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2010 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BLACKSMITH CLOSE has not materially changed since October 2010.

How Large is 5 BLACKSMITH CLOSE?

5 BLACKSMITH CLOSE is 136m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% 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 5 BLACKSMITH CLOSE lies on this distribution: 52% of detached houses houses are smaller than 5 BLACKSMITH CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Billericay.

5 BLACKSMITH CLOSE: Plot and Title Map

5 BLACKSMITH CLOSE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 5 BLACKSMITH 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 5 BLACKSMITH 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 5 BLACKSMITH CLOSE?

5 BLACKSMITH CLOSE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 5 on BLACKSMITH CLOSE.