FOURWOODS, OAK AVENUE, CRAYS HILL, BILLERICAY, CM11 2YD - £492,495

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FOURWOODS is a midsized extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £492,495 in July 2015, which was around 14% above the average July 2015 detached price in the Basildon local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

FOURWOODS Sold Prices

Land registry data shows two sales for FOURWOODS 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. One of the two FOURWOODS sales was for above the average price, whilst the other 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
2015 21 JUL	£492,495	£431,967	14% above HPI
2003 24 JAN	£234,000	£264,485	12% below HPI

FOURWOODS 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 FOURWOODS sales from January 2003 and July 2015 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 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2015 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is FOURWOODS?

FOURWOODS is 170m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 50% 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 FOURWOODS lies on this distribution: 58% of detached houses are smaller than FOURWOODS, and 41% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

FOURWOODS: Plot and Title Map

FOURWOODS sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of FOURWOODS, 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 FOURWOODS). 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 FOURWOODS?

FOURWOODS is located on OAK AVENUE in CRAYS HILL, in the CM11 postcode district. The below map shows the position of FOURWOODS on OAK AVENUE.