5, SCRUB RISE, BILLERICAY, CM12 9PG - £580,000

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 SCRUB RISE is a small extended detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £835,500. It was last sold for £580,000 in October 2015, which was around 27% above the average October 2015 detached price in the Basildon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

5 SCRUB RISE Sold Prices

Land registry data shows four sales for 5 SCRUB RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 5 SCRUB RISE 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 30 OCT	£580,000	£457,622	27% above HPI
2005 1 DEC	£412,500	£311,312	33% above HPI
2003 13 JUN	£370,000	£276,153	34% above HPI
1997 16 APR	£175,000	£107,276	63% above HPI

5 SCRUB RISE 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 four 5 SCRUB RISE sales between April 1997 and October 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 December 2005 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2015 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 5 SCRUB RISE be worth now?

5 SCRUB RISE might now be worth an estimated £835,500.

This is based on house price inflation of 44.1%, between October 2015 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 44.1% inflationary increase is applied to the most recent sale price for 5 SCRUB RISE of £580,000 on 30th October 2015. For the value to have increased from £580,000 to £835,500 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 SCRUB RISE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2015 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SCRUB RISE has not materially changed since October 2015.

How Large is 5 SCRUB RISE?

5 SCRUB RISE is 119m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% 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 SCRUB RISE lies on this distribution: 33% of detached houses houses are smaller than 5 SCRUB RISE, and 66% of houses are larger. Note that EPC data is not available for all properties in Billericay.

5 SCRUB RISE: Plot and Title Map

5 SCRUB RISE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 5 SCRUB RISE, 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 SCRUB RISE). 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 SCRUB RISE?

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