7, THE MEADOW WAY, BILLERICAY, CM11 2HL - £555,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 THE MEADOW WAY is a midsized extended semi-detached house of 143m², built sometime between 1930 and 1949, which could now be worth an estimated £668,687. It was last sold for £555,000 in October 2018, which was around 60% above the average October 2018 semi-detached price in the Basildon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

7 THE MEADOW WAY Sold Prices

Land registry data shows three sales for 7 THE MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the three 7 THE MEADOW WAY 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
2018 12 OCT	£555,000	£345,932	60% above HPI
2007 29 NOV	£330,000	£219,740	50% above HPI
1996 31 JAN	£59,995	£58,569	2% above HPI

7 THE MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The three 7 THE MEADOW WAY sales between January 1996 and October 2018 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 2007 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2018 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 7 THE MEADOW WAY be worth now?

7 THE MEADOW WAY might now be worth an estimated £668,687.

This is based on house price inflation of 20.5%, between October 2018 and February 2025, for semi-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 20.5% inflationary increase is applied to the most recent sale price for 7 THE MEADOW WAY of £555,000 on 12th October 2018. For the value to have increased from £555,000 to £668,687 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 THE MEADOW WAY has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The October 2018 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE MEADOW WAY has not materially changed since October 2018.

How Large is 7 THE MEADOW WAY?

7 THE MEADOW WAY is 143m², which includes four extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 7 THE MEADOW WAY lies on this distribution: 57% of semi-detached houses houses are smaller than 7 THE MEADOW WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Billericay.

7 THE MEADOW WAY: Plot and Title Map

7 THE MEADOW WAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 7 THE MEADOW WAY, 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 THE MEADOW WAY). 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 THE MEADOW WAY?

7 THE MEADOW WAY is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 7 on THE MEADOW WAY.