HERITAGE HOUSE, THE AVENUE, BILLERICAY, CM12 9HH - £585,000

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.

HERITAGE HOUSE is a small detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £887,191. It was last sold for £585,000 in July 2015, which was around 35% above the average July 2015 detached price in the Basildon local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

HERITAGE HOUSE Sold Prices

Land registry data shows two sales for HERITAGE HOUSE 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 HERITAGE HOUSE 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
2015 17 JUL	£585,000	£434,674	35% above HPI
2001 25 MAY	£247,500	£182,445	36% above HPI

HERITAGE HOUSE 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 HERITAGE HOUSE sales from May 2001 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 May 2001 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might HERITAGE HOUSE be worth now?

HERITAGE HOUSE might now be worth an estimated £887,191.

This is based on house price inflation of 51.7%, between July 2015 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 51.7% inflationary increase is applied to the most recent sale price for HERITAGE HOUSE of £585,000 on 17th July 2015. For the value to have increased from £585,000 to £887,191 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of HERITAGE HOUSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2015 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of HERITAGE HOUSE has not materially changed since July 2015.

How Large is HERITAGE HOUSE?

HERITAGE HOUSE is 110m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billericay, and where HERITAGE HOUSE lies on this distribution: 24% of detached houses houses are smaller than HERITAGE HOUSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Billericay.

HERITAGE HOUSE: Plot and Title Map

HERITAGE HOUSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of HERITAGE HOUSE, 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 HERITAGE HOUSE). 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 HERITAGE HOUSE?

HERITAGE HOUSE is located on THE AVENUE in BILLERICAY, in the CM12 postcode district. The below map shows the position of HERITAGE HOUSE on THE AVENUE.