8, CRESCENT GARDENS, BILLERICAY, CM12 0JG - £570,000

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 CRESCENT GARDENS is a small extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £552,795. It was last sold for £570,000 in October 2022, which was around 16% below the average October 2022 detached price in the Basildon local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

8 CRESCENT GARDENS Sold Prices

Land registry data shows two sales for 8 CRESCENT GARDENS 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 CRESCENT GARDENS sales were 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
2022 26 OCT	£570,000	£679,729	16% below HPI
2013 13 DEC	£340,000	£365,353	7% below HPI

8 CRESCENT GARDENS 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 CRESCENT GARDENS sales from December 2013 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 December 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 CRESCENT GARDENS be worth now?

8 CRESCENT GARDENS might now be worth an estimated £552,795.

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 CRESCENT GARDENS of £570,000 on 26th October 2022. For the value to have decreased from £570,000 to £552,795 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 CRESCENT GARDENS has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2022 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CRESCENT GARDENS has not materially changed since October 2022.

How Large is 8 CRESCENT GARDENS?

8 CRESCENT GARDENS is 106m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% 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 CRESCENT GARDENS lies on this distribution: 22% of detached houses houses are smaller than 8 CRESCENT GARDENS, and 78% of houses are larger. Note that EPC data is not available for all properties in Billericay.

8 CRESCENT GARDENS: Plot and Title Map

8 CRESCENT GARDENS sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 8 CRESCENT GARDENS, 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 CRESCENT GARDENS). 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 CRESCENT GARDENS?

8 CRESCENT GARDENS is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 8 on CRESCENT GARDENS.