7, NORSEY VIEW DRIVE, BILLERICAY, CM12 0QR - £413,500

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 NORSEY VIEW DRIVE is a small detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £578,438. It was last sold for £413,500 in December 2015, which was around 12% below the average December 2015 detached price in the Basildon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

7 NORSEY VIEW DRIVE Sold Prices

Land registry data shows four sales for 7 NORSEY VIEW DRIVE 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 NORSEY VIEW DRIVE sales were for below 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
2015 21 DEC	£413,500	£471,242	12% below HPI
2004 9 DEC	£299,000	£305,990	2% below HPI
2001 3 OCT	£159,995	£203,841	22% below HPI
1997 19 MAY	£105,000	£108,108	3% below HPI

7 NORSEY VIEW DRIVE 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 NORSEY VIEW DRIVE sales between May 1997 and December 2015 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 December 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 NORSEY VIEW DRIVE be worth now?

7 NORSEY VIEW DRIVE might now be worth an estimated £578,438.

This is based on house price inflation of 39.9%, between December 2015 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 39.9% inflationary increase is applied to the most recent sale price for 7 NORSEY VIEW DRIVE of £413,500 on 21st December 2015. For the value to have increased from £413,500 to £578,438 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 NORSEY VIEW DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2015 sale price of £413,500 represented a fair market value for the property.
• The size, condition, and specification of 7 NORSEY VIEW DRIVE has not materially changed since December 2015.

How Large is 7 NORSEY VIEW DRIVE?

7 NORSEY VIEW DRIVE is 106m² according to the EPC inspection conducted in March 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 7 NORSEY VIEW DRIVE lies on this distribution: 21% of detached houses houses are smaller than 7 NORSEY VIEW DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Billericay.

7 NORSEY VIEW DRIVE: Plot and Title Map

7 NORSEY VIEW DRIVE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 7 NORSEY VIEW DRIVE, 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 NORSEY VIEW DRIVE). 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 NORSEY VIEW DRIVE?

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