8, BRITANNIA CLOSE, BILLERICAY, CM11 1AQ - £755,000

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.

8 BRITANNIA CLOSE is a very small extended detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £732,211. It was last sold for £755,000 in October 2022, which was around 11% above the average October 2022 detached price in the Basildon local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

8 BRITANNIA CLOSE Sold Prices

Land registry data shows two sales for 8 BRITANNIA CLOSE 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 8 BRITANNIA CLOSE 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
2022 28 OCT	£755,000	£679,729	11% above HPI
2002 14 MAR	£330,000	£213,848	54% above HPI

8 BRITANNIA CLOSE 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 8 BRITANNIA CLOSE sales from March 2002 and October 2022 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 March 2002 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the October 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 BRITANNIA CLOSE be worth now?

8 BRITANNIA CLOSE might now be worth an estimated £732,211.

This is based on house price deflation of 3%, between October 2022 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 3% deflationary decrease is applied to the most recent sale price for 8 BRITANNIA CLOSE of £755,000 on 28th October 2022. For the value to have decreased from £755,000 to £732,211 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 BRITANNIA CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2022 sale price of £755,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BRITANNIA CLOSE has not materially changed since October 2022.

How Large is 8 BRITANNIA CLOSE?

8 BRITANNIA CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% 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 8 BRITANNIA CLOSE lies on this distribution: 11% of detached houses houses are smaller than 8 BRITANNIA CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Billericay.

8 BRITANNIA CLOSE: Plot and Title Map

8 BRITANNIA CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 8 BRITANNIA CLOSE, 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 8 BRITANNIA CLOSE). 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 8 BRITANNIA CLOSE?

8 BRITANNIA CLOSE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 8 on BRITANNIA CLOSE.