7, FERNBANK, BILLERICAY, CM12 9XH - £650,000

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 FERNBANK is a large extended detached house of 161m², built sometime between 1983 and 1990, which could now be worth an estimated £826,968. It was last sold for £650,000 in August 2016, which was around 25% above the average August 2016 detached price in the Basildon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

7 FERNBANK Sold Prices

Land registry data shows four sales for 7 FERNBANK 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 7 FERNBANK 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
2016 26 AUG	£650,000	£518,143	25% above HPI
2002 31 OCT	£355,000	£248,728	43% above HPI
2000 1 AUG	£312,500	£173,275	80% above HPI
1999 22 JUL	£210,000	£140,168	50% above HPI

7 FERNBANK 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 7 FERNBANK sales between July 1999 and August 2016 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 October 2002 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 7 FERNBANK be worth now?

7 FERNBANK might now be worth an estimated £826,968.

This is based on house price inflation of 27.2%, between August 2016 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 27.2% inflationary increase is applied to the most recent sale price for 7 FERNBANK of £650,000 on 26th August 2016. For the value to have increased from £650,000 to £826,968 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 7 FERNBANK has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2016 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FERNBANK has not materially changed since August 2016.

How Large is 7 FERNBANK?

7 FERNBANK is 161m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% 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 FERNBANK lies on this distribution: 69% of detached houses houses are smaller than 7 FERNBANK, and 30% of houses are larger. Note that EPC data is not available for all properties in Billericay.

7 FERNBANK: Plot and Title Map

7 FERNBANK sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 7 FERNBANK, 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 FERNBANK). 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 FERNBANK?

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