98, NORSEY ROAD, BILLERICAY, CM11 1BG - £1,350,000

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.

98 NORSEY ROAD is a very large detached house of 316m², which could now be worth an estimated £1,576,861. It was last sold for £1,350,000 in July 2018, which was around 139% above the average July 2018 detached price in the Basildon local authority area. The most recent EPC inspection was August 2012, where the current energy rating was B, and the potential energy rating was B.

98 NORSEY ROAD Sold Prices

Land registry data shows four sales for 98 NORSEY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 98 NORSEY 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
2018 6 JUL	£1,350,000	£564,372	139% above HPI
2012 4 SEP	£1,300,000	£356,959	264% above HPI
2011 6 SEP	£585,000	£348,381	68% above HPI
2007 1 MAY	£525,000	£332,460	58% above HPI

98 NORSEY 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 four 98 NORSEY ROAD sales between May 2007 and July 2018 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 September 2012 sale was for 264% above the HPI. So the extrapolation line tracks at 264% above the HPI over time, until the July 2018 sale, where it falls to 139% above the HPI. The line then continues to track at 139% above the HPI.

What might 98 NORSEY ROAD be worth now?

98 NORSEY ROAD might now be worth an estimated £1,576,861.

This is based on house price inflation of 16.8%, between July 2018 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 16.8% inflationary increase is applied to the most recent sale price for 98 NORSEY ROAD of £1,350,000 on 6th July 2018. For the value to have increased from £1,350,000 to £1,576,861 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 98 NORSEY ROAD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2018 sale price of £1,350,000 represented a fair market value for the property.
• The size, condition, and specification of 98 NORSEY ROAD has not materially changed since July 2018.

How Large is 98 NORSEY ROAD?

98 NORSEY ROAD is 316m² according to the EPC inspection conducted in August 2012. This puts it in the largest 10% 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 98 NORSEY ROAD lies on this distribution: 98% of detached houses houses are smaller than 98 NORSEY ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Billericay.

98 NORSEY ROAD: Plot and Title Map

98 NORSEY ROAD sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 98 NORSEY 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 98 NORSEY 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 98 NORSEY ROAD?

98 NORSEY ROAD is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 98 on NORSEY ROAD.