5, MONTAGUE WAY, BILLERICAY, CM12 0UB - £385,000

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 MONTAGUE WAY is a very small semi-detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £601,142. It was last sold for £385,000 in July 2015, which was around 44% above the average July 2015 semi-detached price in the Basildon local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

5 MONTAGUE WAY Sold Prices

Land registry data shows two sales for 5 MONTAGUE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Both of the two 5 MONTAGUE WAY 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
2015 16 JUL	£385,000	£266,934	44% above HPI
2005 18 FEB	£249,995	£191,584	30% above HPI

5 MONTAGUE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The two 5 MONTAGUE WAY sales from February 2005 and July 2015 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 February 2005 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2015 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 5 MONTAGUE WAY be worth now?

5 MONTAGUE WAY might now be worth an estimated £601,142.

This is based on house price inflation of 56.1%, between July 2015 and February 2025, for semi-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 56.1% inflationary increase is applied to the most recent sale price for 5 MONTAGUE WAY of £385,000 on 16th July 2015. For the value to have increased from £385,000 to £601,142 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 5 MONTAGUE WAY has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The July 2015 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MONTAGUE WAY has not materially changed since July 2015.

How Large is 5 MONTAGUE WAY?

5 MONTAGUE WAY is 94m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 5 MONTAGUE WAY lies on this distribution: 13% of semi-detached houses houses are smaller than 5 MONTAGUE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Billericay.

5 MONTAGUE WAY: Plot and Title Map

5 MONTAGUE WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 5 MONTAGUE WAY, 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 MONTAGUE WAY). 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 MONTAGUE WAY?

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