5, FRODEN CLOSE, BILLERICAY, CM11 2TY - £560,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 FRODEN CLOSE is a very small detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £590,705. It was last sold for £560,000 in December 2021, which was around 10% below the average December 2021 detached price in the Basildon local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

5 FRODEN CLOSE Sold Prices

Land registry data shows two sales for 5 FRODEN CLOSE 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 5 FRODEN CLOSE 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
2021 17 DEC	£560,000	£624,946	10% below HPI
2014 2 JUN	£349,995	£388,715	10% below HPI

5 FRODEN 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 two 5 FRODEN CLOSE sales from June 2014 and December 2021 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 June 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2021 sale, which was also at 10% below the HPI.

What might 5 FRODEN CLOSE be worth now?

5 FRODEN CLOSE might now be worth an estimated £590,705.

This is based on house price inflation of 5.5%, between December 2021 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 5.5% inflationary increase is applied to the most recent sale price for 5 FRODEN CLOSE of £560,000 on 17th December 2021. For the value to have increased from £560,000 to £590,705 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 FRODEN CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2021 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FRODEN CLOSE has not materially changed since December 2021.

How Large is 5 FRODEN CLOSE?

5 FRODEN CLOSE is 81m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% 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 FRODEN CLOSE lies on this distribution: 8% of detached houses houses are smaller than 5 FRODEN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Billericay.

5 FRODEN CLOSE: Plot and Title Map

5 FRODEN CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 5 FRODEN 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 FRODEN 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 FRODEN CLOSE?

5 FRODEN CLOSE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 5 on FRODEN CLOSE.