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

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

8 BRITANNIA CLOSE is a very small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £755,000 in October 2022, which was around 12% 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	£675,495	12% above HPI
2002 14 MAR	£330,000	£212,516	55% 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 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the October 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

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 in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 8 BRITANNIA CLOSE lies on this distribution: 12% of detached 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.