FERNSHAW, GARDINERS LANE NORTH, CRAYS HILL, BILLERICAY, CM11 2XA - £620,000

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

FERNSHAW is a very small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £620,000 in June 2021, which was around 6% above the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

FERNSHAW Sold Prices

Land registry data shows three sales for FERNSHAW 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 FERNSHAW sales were for above the average price, whilst one was 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
2021 24 JUN	£620,000	£587,524	6% above HPI
2015 27 MAR	£455,000	£412,168	10% above HPI
1996 31 MAY	£62,000	£98,144	37% below HPI

FERNSHAW 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 FERNSHAW sales between May 1996 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 March 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is FERNSHAW?

FERNSHAW is 103m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% 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 FERNSHAW lies on this distribution: 16% of detached houses are smaller than FERNSHAW, and 84% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

FERNSHAW: Plot and Title Map

FERNSHAW sits on a plot of roughly 0.232 of an acre, or 937m². The below map shows the location of FERNSHAW, 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 FERNSHAW). 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 FERNSHAW?

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