7, PORCHESTER ROAD, BILLERICAY, CM12 0UG - £537,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 PORCHESTER ROAD is a very small extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £537,500 in July 2020, which was around 5% below the average July 2020 detached price in the Basildon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

7 PORCHESTER ROAD Sold Prices

Land registry data shows two sales for 7 PORCHESTER ROAD 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 7 PORCHESTER ROAD 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
2020 8 JUL	£537,500	£565,536	5% below HPI
2018 18 OCT	£350,000	£562,853	38% below HPI

7 PORCHESTER ROAD 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 7 PORCHESTER ROAD sales from October 2018 and July 2020 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 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 7 PORCHESTER ROAD?

7 PORCHESTER ROAD is 98m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 7 PORCHESTER ROAD lies on this distribution: 16% of detached houses are smaller than 7 PORCHESTER ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Billericay.

7 PORCHESTER ROAD: Plot and Title Map

7 PORCHESTER ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 7 PORCHESTER ROAD, 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 PORCHESTER ROAD). 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 PORCHESTER ROAD?

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