6, PAVILION PLACE, BILLERICAY, CM12 0ET - £490,000

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.

6 PAVILION PLACE is a small detached house of 105m², built sometime between 1991 and 1995, which could now be worth an estimated £570,312. It was last sold for £490,000 in October 2018, which was around 13% below the average October 2018 detached price in the Basildon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

6 PAVILION PLACE Sold Prices

Land registry data shows three sales for 6 PAVILION PLACE 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. One of the three 6 PAVILION PLACE sales was for below the average price, whilst two 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 24 OCT	£490,000	£566,381	13% below HPI
2015 24 APR	£457,000	£426,229	7% above HPI
1996 3 APR	£118,000	£98,464	20% above HPI

6 PAVILION PLACE 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 6 PAVILION PLACE sales between April 1996 and October 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 April 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 6 PAVILION PLACE be worth now?

6 PAVILION PLACE might now be worth an estimated £570,312.

This is based on house price inflation of 16.4%, between October 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 16.4% inflationary increase is applied to the most recent sale price for 6 PAVILION PLACE of £490,000 on 24th October 2018. For the value to have increased from £490,000 to £570,312 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 PAVILION PLACE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2018 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PAVILION PLACE has not materially changed since October 2018.

How Large is 6 PAVILION PLACE?

6 PAVILION PLACE is 105m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% 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 6 PAVILION PLACE lies on this distribution: 20% of detached houses houses are smaller than 6 PAVILION PLACE, and 79% of houses are larger. Note that EPC data is not available for all properties in Billericay.

6 PAVILION PLACE: Plot and Title Map

6 PAVILION PLACE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 6 PAVILION PLACE, 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 6 PAVILION PLACE). 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 6 PAVILION PLACE?

6 PAVILION PLACE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 6 on PAVILION PLACE.