EVERGREEN, CRAYS HILL, BILLERICAY, CM11 2XP - £415,000

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.

EVERGREEN is a midsized detached house of 146m², built sometime between 1983 and 1990, which could now be worth an estimated £493,074. It was last sold for £415,000 in November 2019, which was around 25% below the average November 2019 detached price in the Basildon local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was C.

EVERGREEN Sold Prices

Land registry data shows five sales for EVERGREEN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the five EVERGREEN 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
2019 22 NOV	£415,000	£554,832	25% below HPI
2013 30 AUG	£266,000	£357,610	26% below HPI
2004 19 MAR	£282,500	£294,351	4% below HPI
2001 20 JUL	£193,000	£186,186	4% above HPI
1997 31 JUL	£115,000	£111,600	3% above HPI

EVERGREEN 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 five EVERGREEN sales between July 1997 and November 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 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might EVERGREEN be worth now?

EVERGREEN might now be worth an estimated £493,074.

This is based on house price inflation of 18.8%, between November 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 18.8% inflationary increase is applied to the most recent sale price for EVERGREEN of £415,000 on 22nd November 2019. For the value to have increased from £415,000 to £493,074 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of EVERGREEN has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2019 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of EVERGREEN has not materially changed since November 2019.

How Large is EVERGREEN?

EVERGREEN is 146m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 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 EVERGREEN lies on this distribution: 42% of detached houses houses are smaller than EVERGREEN, and 58% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

EVERGREEN: Plot and Title Map

EVERGREEN sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of EVERGREEN, 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 EVERGREEN). 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 EVERGREEN?

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