5, MARLOWE CLOSE, BILLERICAY, CM12 0YF - £642,500

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 MARLOWE CLOSE is a midsized extended detached house of 137m², built sometime between 1976 and 1982, which could now be worth an estimated £768,969. It was last sold for £642,500 in February 2018, which was around 17% above the average February 2018 detached price in the Basildon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

5 MARLOWE CLOSE Sold Prices

Land registry data shows two sales for 5 MARLOWE 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 MARLOWE 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
2018 16 FEB	£642,500	£550,794	17% above HPI
1997 19 SEP	£185,000	£117,948	57% above HPI

5 MARLOWE 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 MARLOWE CLOSE sales from September 1997 and February 2018 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 September 1997 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 5 MARLOWE CLOSE be worth now?

5 MARLOWE CLOSE might now be worth an estimated £768,969.

This is based on house price inflation of 19.7%, between February 2018 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 19.7% inflationary increase is applied to the most recent sale price for 5 MARLOWE CLOSE of £642,500 on 16th February 2018. For the value to have increased from £642,500 to £768,969 over the seven years to February 2025, the following assumptions must hold true:

• The value of 5 MARLOWE CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2018 sale price of £642,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MARLOWE CLOSE has not materially changed since February 2018.

How Large is 5 MARLOWE CLOSE?

5 MARLOWE CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 MARLOWE CLOSE lies on this distribution: 52% of detached houses houses are smaller than 5 MARLOWE CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Billericay.

5 MARLOWE CLOSE: Plot and Title Map

5 MARLOWE CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 5 MARLOWE 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 MARLOWE 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 MARLOWE CLOSE?

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