ASHCROFT, MATTHEWS MEAD, BILLERICAY, CM11 2ZD - £668,000

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.

ASHCROFT is a midsized extended detached house of 170m², built sometime between 2003 and 2006, which could now be worth an estimated £698,689. It was last sold for £668,000 in May 2024, which was around 6% above the average May 2024 detached price in the Basildon local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

ASHCROFT Sold Prices

Land registry data shows two sales for ASHCROFT 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 ASHCROFT 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
2024 30 MAY	£668,000	£630,257	6% above HPI
2003 18 JUL	£425,000	£281,969	51% above HPI

ASHCROFT 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 ASHCROFT sales from July 2003 and May 2024 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 July 2003 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the May 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might ASHCROFT be worth now?

ASHCROFT might now be worth an estimated £698,689.

This is based on house price inflation of 4.6%, between May 2024 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 4.6% inflationary increase is applied to the most recent sale price for ASHCROFT of £668,000 on 30th May 2024. For the value to have increased from £668,000 to £698,689 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of ASHCROFT has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2024 sale price of £668,000 represented a fair market value for the property.
• The size, condition, and specification of ASHCROFT has not materially changed since May 2024.

How Large is ASHCROFT?

ASHCROFT is 170m², which includes four extensions, according to the EPC inspection conducted in July 2023. 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 ASHCROFT lies on this distribution: 58% of detached houses houses are smaller than ASHCROFT, and 41% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

ASHCROFT: Plot and Title Map

ASHCROFT sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of ASHCROFT, 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 ASHCROFT). 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 ASHCROFT?

ASHCROFT is located on MATTHEWS MEAD in BILLERICAY, in the CM11 postcode district. The below map shows the position of ASHCROFT on MATTHEWS MEAD.