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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 SCRUB RISE is a small extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £580,000 in October 2015, which was around 28% 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	£454,772	28% above HPI
2005 1 DEC	£412,500	£309,373	33% above HPI
2003 13 JUN	£370,000	£274,433	35% above HPI
1997 16 APR	£175,000	£106,607	64% 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 28% above the HPI. The line then continues to track at 28% above the HPI.

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 in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 5 SCRUB RISE lies on this distribution: 34% of detached 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.