LANGFORD, TYE COMMON ROAD, BILLERICAY, CM12 9PZ - £460,000

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.

LANGFORD is a very small extended semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £555,598. It was last sold for £460,000 in May 2020, which was around 33% above the average May 2020 semi-detached price in the Basildon local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

LANGFORD Sold Prices

Land registry data shows two sales for LANGFORD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Both of the two LANGFORD 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
2020 29 MAY	£460,000	£345,078	33% above HPI
1997 18 JUL	£98,000	£65,522	50% above HPI

LANGFORD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The two LANGFORD sales from July 1997 and May 2020 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2020 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might LANGFORD be worth now?

LANGFORD might now be worth an estimated £555,598.

This is based on house price inflation of 20.8%, between May 2020 and February 2025, for semi-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 20.8% inflationary increase is applied to the most recent sale price for LANGFORD of £460,000 on 29th May 2020. For the value to have increased from £460,000 to £555,598 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of LANGFORD has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The May 2020 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of LANGFORD has not materially changed since May 2020.

How Large is LANGFORD?

LANGFORD is 86m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where LANGFORD lies on this distribution: 10% of semi-detached houses houses are smaller than LANGFORD, and 90% of houses are larger. Note that EPC data is not available for all properties in Billericay.

LANGFORD: Plot and Title Map

LANGFORD sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of LANGFORD, 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 LANGFORD). 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 LANGFORD?

LANGFORD is located on TYE COMMON ROAD in BILLERICAY, in the CM12 postcode district. The below map shows the position of LANGFORD on TYE COMMON ROAD.