7, CHESTNUT AVENUE, BILLERICAY, CM12 9JF - £770,000

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.

7 CHESTNUT AVENUE is a midsized extended detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £793,418. It was last sold for £770,000 in July 2024, which was around 20% above the average July 2024 detached price in the Basildon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

7 CHESTNUT AVENUE Sold Prices

Land registry data shows five sales for 7 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the five 7 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
2024 31 JUL	£770,000	£639,755	20% above HPI
2021 17 FEB	£700,000	£591,910	18% above HPI
2015 6 JAN	£465,000	£411,098	13% above HPI
1999 26 NOV	£165,000	£146,465	13% above HPI
1996 28 NOV	£118,500	£106,280	11% above HPI

7 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 five 7 CHESTNUT AVENUE sales between November 1996 and July 2024 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 February 2021 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2024 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 7 CHESTNUT AVENUE be worth now?

7 CHESTNUT AVENUE might now be worth an estimated £793,418.

This is based on house price inflation of 3%, between July 2024 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 3% inflationary increase is applied to the most recent sale price for 7 CHESTNUT AVENUE of £770,000 on 31st July 2024. For the value to have increased from £770,000 to £793,418 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 7 CHESTNUT AVENUE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2024 sale price of £770,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHESTNUT AVENUE has not materially changed since July 2024.

How Large is 7 CHESTNUT AVENUE?

7 CHESTNUT AVENUE is 132m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% 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 7 CHESTNUT AVENUE lies on this distribution: 48% of detached houses houses are smaller than 7 CHESTNUT AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in Billericay.

7 CHESTNUT AVENUE: Plot and Title Map

7 CHESTNUT AVENUE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 7 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 7 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 7 CHESTNUT AVENUE?

7 CHESTNUT AVENUE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 7 on CHESTNUT AVENUE.