IVY LODGE, CRAYS HILL ROAD, CRAYS HILL, BILLERICAY, CM11 2YR - £800,000

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

IVY LODGE is a very large detached house of 272m², built sometime between 2003 and 2006. It was last sold for £800,000 in April 2024, which was around 25% above the average April 2024 detached price in the Basildon local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

IVY LODGE Sold Prices

Land registry data shows two sales for IVY LODGE 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 IVY LODGE 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
2024 11 APR	£800,000	£640,710	25% above HPI
2019 16 AUG	£780,000	£554,898	41% above HPI

IVY LODGE 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 IVY LODGE sales from August 2019 and April 2024 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 2019 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the April 2024 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is IVY LODGE?

IVY LODGE is 272m² according to the EPC inspection conducted in January 2009. This puts it in the largest 10% 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 IVY LODGE lies on this distribution: 92% of detached houses are smaller than IVY LODGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

IVY LODGE: Plot and Title Map

IVY LODGE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of IVY LODGE, 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 IVY LODGE). 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 IVY LODGE?

IVY LODGE is located on CRAYS HILL ROAD in CRAYS HILL, in the CM11 postcode district. The below map shows the position of IVY LODGE on CRAYS HILL ROAD.