Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
9 LION LANE is a very large extended detached house of 240m², built sometime between 1930 and 1949. It was last sold for £1,400,000 in August 2022, which was around 112% above the average August 2022 detached price in the Basildon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 9 LION LANE since 1st 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 9 LION LANE 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 23 AUG | £1,400,000 | £661,189 | 112% above HPI |
1999 18 NOV | £190,000 | £145,553 | 31% above HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The two 9 LION LANE sales from November 1999 and August 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 November 1999 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2022 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.
9 LION LANE is 240m², which includes three extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 9 LION LANE lies on this distribution: 93% of detached houses are smaller than 9 LION LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Billericay.
9 LION LANE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 9 LION LANE, 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 9 LION LANE). 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.
9 LION LANE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 9 on LION LANE.