AQUARIUS, GARDINERS LANE NORTH, CRAYS HILL, BILLERICAY, CM11 2XA - £495,000

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.

AQUARIUS is a midsized detached house of 160m², built sometime between 1950 and 1966, which could now be worth an estimated £587,726. It was last sold for £495,000 in July 2019, which was around 11% below the average July 2019 detached price in the Basildon local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

AQUARIUS Sold Prices

Land registry data shows three sales for AQUARIUS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. One of the three AQUARIUS sales was for below the average price, whilst two 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
2019 9 JUL	£495,000	£555,208	11% below HPI
1996 30 AUG	£124,000	£104,677	18% above HPI
1996 13 AUG	£124,000	£104,677	18% above HPI

AQUARIUS 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 three AQUARIUS sales between August 1996 and July 2019 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 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might AQUARIUS be worth now?

AQUARIUS might now be worth an estimated £587,726.

This is based on house price inflation of 18.7%, between July 2019 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 18.7% inflationary increase is applied to the most recent sale price for AQUARIUS of £495,000 on 9th July 2019. For the value to have increased from £495,000 to £587,726 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of AQUARIUS has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2019 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of AQUARIUS has not materially changed since July 2019.

How Large is AQUARIUS?

AQUARIUS is 160m² according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of detached houses houses in Crays Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crays Hill, and where AQUARIUS lies on this distribution: 54% of detached houses houses are smaller than AQUARIUS, and 46% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

AQUARIUS: Plot and Title Map

AQUARIUS sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of AQUARIUS, 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 AQUARIUS). 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 AQUARIUS?

AQUARIUS is located on GARDINERS LANE NORTH in CRAYS HILL, in the CM11 postcode district. The below map shows the position of AQUARIUS on GARDINERS LANE NORTH.