9, SOUTH RIDGE, BILLERICAY, CM11 2EP - £485,000

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.

9 SOUTH RIDGE is a very small extended semi-detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £601,709. It was last sold for £485,000 in July 2017, which was around 44% above the average July 2017 semi-detached price in the Basildon local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

9 SOUTH RIDGE Sold Prices

Land registry data shows two sales for 9 SOUTH RIDGE 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 9 SOUTH RIDGE 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
2017 13 JUL	£485,000	£335,951	44% above HPI
2004 9 JAN	£215,000	£171,938	25% above HPI

9 SOUTH RIDGE 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 9 SOUTH RIDGE sales from January 2004 and July 2017 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 January 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2017 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 9 SOUTH RIDGE be worth now?

9 SOUTH RIDGE might now be worth an estimated £601,709.

This is based on house price inflation of 24.1%, between July 2017 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 24.1% inflationary increase is applied to the most recent sale price for 9 SOUTH RIDGE of £485,000 on 13th July 2017. For the value to have increased from £485,000 to £601,709 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 9 SOUTH RIDGE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The July 2017 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SOUTH RIDGE has not materially changed since July 2017.

How Large is 9 SOUTH RIDGE?

9 SOUTH RIDGE is 86m², which includes two extensions, according to the EPC inspection conducted in December 2016. 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 9 SOUTH RIDGE lies on this distribution: 10% of semi-detached houses houses are smaller than 9 SOUTH RIDGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Billericay.

9 SOUTH RIDGE: Plot and Title Map

9 SOUTH RIDGE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 9 SOUTH RIDGE, 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 SOUTH RIDGE). 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 9 SOUTH RIDGE?

9 SOUTH RIDGE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 9 on SOUTH RIDGE.