7, SHAKESPEARE AVENUE, BILLERICAY, CM11 2HJ - £550,000

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 SHAKESPEARE AVENUE is a midsized detached house of 127m², built sometime from 2007 onwards, which could now be worth an estimated £637,109. It was last sold for £550,000 in July 2020, which was around 3% below the average July 2020 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 B.

7 SHAKESPEARE AVENUE Sold Prices

Land registry data shows three sales for 7 SHAKESPEARE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. One of the three 7 SHAKESPEARE AVENUE sales was for below the average price, whilst two 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
2020 31 JUL	£550,000	£569,081	3% below HPI
2010 5 NOV	£410,000	£339,890	21% above HPI
2007 10 DEC	£473,000	£358,849	32% above HPI

7 SHAKESPEARE 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 three 7 SHAKESPEARE AVENUE sales between December 2007 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 November 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 7 SHAKESPEARE AVENUE be worth now?

7 SHAKESPEARE AVENUE might now be worth an estimated £637,109.

This is based on house price inflation of 15.8%, between July 2020 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 15.8% inflationary increase is applied to the most recent sale price for 7 SHAKESPEARE AVENUE of £550,000 on 31st July 2020. For the value to have increased from £550,000 to £637,109 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 7 SHAKESPEARE AVENUE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHAKESPEARE AVENUE has not materially changed since July 2020.

How Large is 7 SHAKESPEARE AVENUE?

7 SHAKESPEARE AVENUE is 127m² 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 SHAKESPEARE AVENUE lies on this distribution: 43% of detached houses houses are smaller than 7 SHAKESPEARE AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Billericay.

7 SHAKESPEARE AVENUE: Plot and Title Map

7 SHAKESPEARE AVENUE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 SHAKESPEARE 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 SHAKESPEARE 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 SHAKESPEARE AVENUE?

7 SHAKESPEARE AVENUE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 7 on SHAKESPEARE AVENUE.