9, SPRINGFIELD ROAD, BILLERICAY, CM12 0PS - £715,000

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 SPRINGFIELD ROAD is a large extended detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £804,183. It was last sold for £715,000 in November 2020, which was around 20% above the average November 2020 detached price in the Basildon local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

9 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 9 SPRINGFIELD ROAD 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 9 SPRINGFIELD ROAD 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 30 NOV	£715,000	£596,904	20% above HPI
2014 27 AUG	£495,000	£403,685	23% above HPI

9 SPRINGFIELD ROAD 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 9 SPRINGFIELD ROAD sales from August 2014 and November 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 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2020 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 9 SPRINGFIELD ROAD be worth now?

9 SPRINGFIELD ROAD might now be worth an estimated £804,183.

This is based on house price inflation of 12.5%, between November 2020 and June 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 12.5% inflationary increase is applied to the most recent sale price for 9 SPRINGFIELD ROAD of £715,000 on 30th November 2020. For the value to have increased from £715,000 to £804,183 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 9 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2020 sale price of £715,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPRINGFIELD ROAD has not materially changed since November 2020.

How Large is 9 SPRINGFIELD ROAD?

9 SPRINGFIELD ROAD is 150m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 40% 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 9 SPRINGFIELD ROAD lies on this distribution: 61% of detached houses houses are smaller than 9 SPRINGFIELD ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Billericay.

9 SPRINGFIELD ROAD: Plot and Title Map

9 SPRINGFIELD ROAD sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 9 SPRINGFIELD ROAD, 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 SPRINGFIELD ROAD). 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 SPRINGFIELD ROAD?

9 SPRINGFIELD ROAD is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 9 on SPRINGFIELD ROAD.