6, THE SPINNEY, BILLERICAY, CM12 0AU - £1,100,000

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 THE SPINNEY is a very large extended detached house of 205m², built sometime between 1983 and 1990, which could now be worth an estimated £1,306,057. It was last sold for £1,100,000 in July 2019, which was around 98% above the average July 2019 detached price in the Basildon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

6 THE SPINNEY Sold Prices

Land registry data shows two sales for 6 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 6 THE SPINNEY 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
2019 5 JUL	£1,100,000	£555,208	98% above HPI
2007 2 NOV	£825,000	£355,589	132% above HPI

6 THE SPINNEY 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 two 6 THE SPINNEY sales from November 2007 and July 2019 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 November 2007 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the July 2019 sale, where it falls to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might 6 THE SPINNEY be worth now?

6 THE SPINNEY might now be worth an estimated £1,306,057.

This is based on house price inflation of 18.7%, between July 2019 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 18.7% inflationary increase is applied to the most recent sale price for 6 THE SPINNEY of £1,100,000 on 5th July 2019. For the value to have increased from £1,100,000 to £1,306,057 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 6 THE SPINNEY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2019 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE SPINNEY has not materially changed since July 2019.

How Large is 6 THE SPINNEY?

6 THE SPINNEY is 205m², which includes three extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% 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 THE SPINNEY lies on this distribution: 86% of detached houses houses are smaller than 6 THE SPINNEY, and 14% of houses are larger. Note that EPC data is not available for all properties in Billericay.

6 THE SPINNEY: Plot and Title Map

6 THE SPINNEY sits on a plot of roughly 0.317 of an acre, or 1,281m². The below map shows the location of 6 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

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