BIRCHWOOD, CRAYS HILL ROAD, CRAYS HILL, BILLERICAY, CM11 2YP - £515,000

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.

BIRCHWOOD is a very small detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £574,239. It was last sold for £515,000 in June 2021, which was around 13% below the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

BIRCHWOOD Sold Prices

Land registry data shows three sales for BIRCHWOOD 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. Two of the three BIRCHWOOD sales were for below the average price, whilst one was 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
2021 25 JUN	£515,000	£591,207	13% below HPI
2012 23 NOV	£380,000	£353,083	8% above HPI
2003 6 JUN	£37,000	£276,153	87% below HPI

BIRCHWOOD 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 BIRCHWOOD sales between June 2003 and June 2021 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 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might BIRCHWOOD be worth now?

BIRCHWOOD might now be worth an estimated £574,239.

This is based on house price inflation of 11.5%, between June 2021 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 11.5% inflationary increase is applied to the most recent sale price for BIRCHWOOD of £515,000 on 25th June 2021. For the value to have increased from £515,000 to £574,239 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of BIRCHWOOD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2021 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of BIRCHWOOD has not materially changed since June 2021.

How Large is BIRCHWOOD?

BIRCHWOOD is 97m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% 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 BIRCHWOOD lies on this distribution: 14% of detached houses houses are smaller than BIRCHWOOD, and 86% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

BIRCHWOOD: Plot and Title Map

BIRCHWOOD sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of BIRCHWOOD, 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 BIRCHWOOD). 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 BIRCHWOOD?

BIRCHWOOD is located on CRAYS HILL ROAD in CRAYS HILL, in the CM11 postcode district. The below map shows the position of BIRCHWOOD on CRAYS HILL ROAD.