8, NORSEY VIEW DRIVE, BILLERICAY, CM12 0QR - £439,995

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 NORSEY VIEW DRIVE is a very small semi-detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £501,656. It was last sold for £439,995 in December 2020, which was around 20% above the average December 2020 semi-detached price in the Basildon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

8 NORSEY VIEW DRIVE Sold Prices

Land registry data shows two sales for 8 NORSEY VIEW DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Both of the two 8 NORSEY VIEW DRIVE 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
2020 14 DEC	£439,995	£365,563	20% above HPI
2012 17 AUG	£231,000	£211,326	9% above HPI

8 NORSEY VIEW DRIVE 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 two 8 NORSEY VIEW DRIVE sales from August 2012 and December 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 August 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 8 NORSEY VIEW DRIVE be worth now?

8 NORSEY VIEW DRIVE might now be worth an estimated £501,656.

This is based on house price inflation of 14%, between December 2020 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 14% inflationary increase is applied to the most recent sale price for 8 NORSEY VIEW DRIVE of £439,995 on 14th December 2020. For the value to have increased from £439,995 to £501,656 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 NORSEY VIEW DRIVE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The December 2020 sale price of £439,995 represented a fair market value for the property.
• The size, condition, and specification of 8 NORSEY VIEW DRIVE has not materially changed since December 2020.

How Large is 8 NORSEY VIEW DRIVE?

8 NORSEY VIEW DRIVE is 71m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 8 NORSEY VIEW DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 8 NORSEY VIEW DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Billericay.

8 NORSEY VIEW DRIVE: Plot and Title Map

8 NORSEY VIEW DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 8 NORSEY VIEW DRIVE, 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 NORSEY VIEW DRIVE). 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 NORSEY VIEW DRIVE?

8 NORSEY VIEW DRIVE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 8 on NORSEY VIEW DRIVE.