9, THE GROVE, BILLERICAY, CM11 1AU - £785,000

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 THE GROVE is a small detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £881,127. It was last sold for £785,000 in September 2020, which was around 34% above the average September 2020 detached price in the Basildon local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

9 THE GROVE Sold Prices

Land registry data shows two sales for 9 THE GROVE 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 THE GROVE 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 16 SEP	£785,000	£587,295	34% above HPI
2014 6 NOV	£570,000	£406,957	40% above HPI

9 THE GROVE 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 THE GROVE sales from November 2014 and September 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 November 2014 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 9 THE GROVE be worth now?

9 THE GROVE might now be worth an estimated £881,127.

This is based on house price inflation of 12.2%, between September 2020 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 12.2% inflationary increase is applied to the most recent sale price for 9 THE GROVE of £785,000 on 16th September 2020. For the value to have increased from £785,000 to £881,127 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 THE GROVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The September 2020 sale price of £785,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE GROVE has not materially changed since September 2020.

How Large is 9 THE GROVE?

9 THE GROVE is 120m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 THE GROVE lies on this distribution: 34% of detached houses houses are smaller than 9 THE GROVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Billericay.

9 THE GROVE: Plot and Title Map

9 THE GROVE sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 9 THE GROVE, 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 THE GROVE). 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 THE GROVE?

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