GREENLEES, GARDINERS LANE NORTH, CRAYS HILL, BILLERICAY, CM11 2XA - £710,000

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

GREENLEES is a midsized extended detached house of 170m², built sometime between 1930 and 1949. It was last sold for £710,000 in November 2017, which was around 30% above the average November 2017 detached price in the Basildon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

GREENLEES Sold Prices

Land registry data shows two sales for GREENLEES 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 GREENLEES sales were 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
2017 17 NOV	£710,000	£547,748	30% above HPI
1997 30 JUL	£225,000	£110,905	103% above HPI

GREENLEES 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 GREENLEES sales from July 1997 and November 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 July 1997 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the November 2017 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is GREENLEES?

GREENLEES is 170m², which includes one extension, according to the EPC inspection conducted in July 2017. 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 GREENLEES lies on this distribution: 58% of detached houses are smaller than GREENLEES, and 41% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

GREENLEES: Plot and Title Map

GREENLEES sits on a plot of roughly 0.531 of an acre, or 2,150m². The below map shows the location of GREENLEES, 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 GREENLEES). 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 GREENLEES?

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