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 PRINCE EDWARD ROAD is a very small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £1,025,000 in April 2024, which was around 60% above the average April 2024 detached price in the Basildon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 7 PRINCE EDWARD ROAD since 1st 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. One of the two 7 PRINCE EDWARD ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2024 26 APR | £1,025,000 | £640,710 | 60% above HPI |
2021 30 JUN | £395,000 | £587,524 | 33% below HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The two 7 PRINCE EDWARD ROAD sales from June 2021 and April 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 June 2021 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2024 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.
7 PRINCE EDWARD ROAD is 88m², which includes three extensions, according to the EPC inspection conducted in February 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 PRINCE EDWARD ROAD lies on this distribution: 11% of detached houses are smaller than 7 PRINCE EDWARD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Billericay.
7 PRINCE EDWARD ROAD sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 7 PRINCE EDWARD 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 PRINCE EDWARD 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.
7 PRINCE EDWARD ROAD is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 7 on PRINCE EDWARD ROAD.