ELMSWOOD, CRAYS HILL, BILLERICAY, CM11 2XJ - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ELMSWOOD is a small detached house of 123m², built sometime between 1967 and 1975. It was last sold for £390,000 in February 2017, which was around 27% below the average February 2017 detached price in the Basildon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

ELMSWOOD Sold Prices

Land registry data shows two sales for ELMSWOOD 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 ELMSWOOD sales were for below 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
2017 10 FEB	£390,000	£532,230	27% below HPI
1997 10 JAN	£105,000	£108,892	4% below HPI

ELMSWOOD 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 ELMSWOOD sales from January 1997 and February 2017 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 January 1997 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is ELMSWOOD?

ELMSWOOD is 123m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Crays Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Crays Hill, and where ELMSWOOD lies on this distribution: 26% of detached houses are smaller than ELMSWOOD, and 74% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

ELMSWOOD: Plot and Title Map

ELMSWOOD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of ELMSWOOD, 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 ELMSWOOD). 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 ELMSWOOD?

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