5, GOLDCREST DRIVE, BILLERICAY, CM11 2YS - £520,000

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 GOLDCREST DRIVE is a small detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £842,978. It was last sold for £520,000 in October 2014, which was around 28% above the average October 2014 detached price in the Basildon local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

5 GOLDCREST DRIVE Sold Prices

Land registry data shows two sales for 5 GOLDCREST DRIVE 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 GOLDCREST DRIVE 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
2014 23 OCT	£520,000	£406,642	28% above HPI
1996 31 JUL	£143,000	£100,536	42% above HPI

5 GOLDCREST DRIVE 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 GOLDCREST DRIVE sales from July 1996 and October 2014 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 July 1996 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2014 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 5 GOLDCREST DRIVE be worth now?

5 GOLDCREST DRIVE might now be worth an estimated £842,978.

This is based on house price inflation of 62.1%, between October 2014 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 62.1% inflationary increase is applied to the most recent sale price for 5 GOLDCREST DRIVE of £520,000 on 23rd October 2014. For the value to have increased from £520,000 to £842,978 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 GOLDCREST DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2014 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GOLDCREST DRIVE has not materially changed since October 2014.

How Large is 5 GOLDCREST DRIVE?

5 GOLDCREST DRIVE is 112m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% 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 GOLDCREST DRIVE lies on this distribution: 26% of detached houses houses are smaller than 5 GOLDCREST DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Billericay.

5 GOLDCREST DRIVE: Plot and Title Map

5 GOLDCREST DRIVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 5 GOLDCREST DRIVE, 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 GOLDCREST DRIVE). 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 GOLDCREST DRIVE?

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