56, CHESTNUT AVENUE, BILLERICAY, CM12 9JG - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

56 CHESTNUT AVENUE is a midsized detached house of 130m², built sometime between 1976 and 1982. It was last sold for £525,000 in August 2014, which was around 31% above the average August 2014 detached price in the Basildon local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

56 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 56 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 56 CHESTNUT AVENUE 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 15 AUG	£525,000	£401,171	31% above HPI
2010 18 JUN	£525,000	£340,773	54% above HPI
2001 15 MAR	£279,995	£176,333	59% above HPI

56 CHESTNUT AVENUE 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 three 56 CHESTNUT AVENUE sales between March 2001 and August 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 June 2010 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the August 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 56 CHESTNUT AVENUE?

56 CHESTNUT AVENUE is 130m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 56 CHESTNUT AVENUE lies on this distribution: 46% of detached houses are smaller than 56 CHESTNUT AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Billericay.

56 CHESTNUT AVENUE: Plot and Title Map

56 CHESTNUT AVENUE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 56 CHESTNUT AVENUE, 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 56 CHESTNUT AVENUE). 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 56 CHESTNUT AVENUE?

56 CHESTNUT AVENUE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 56 on CHESTNUT AVENUE.