OAKTREE COTTAGE, COXES FARM ROAD, BILLERICAY, CM11 2UB - £520,000

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.

OAKTREE COTTAGE is a midsized extended detached house of 126m², built sometime between 1930 and 1949, which could now be worth an estimated £1,006,052. It was last sold for £520,000 in May 2011, which was around 53% above the average May 2011 detached price in the Basildon local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was E.

OAKTREE COTTAGE Sold Prices

Land registry data shows three sales for OAKTREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three OAKTREE COTTAGE 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
2011 27 MAY	£520,000	£340,728	53% above HPI
2004 16 JAN	£460,000	£287,000	60% above HPI
1998 13 NOV	£161,000	£131,036	23% above HPI

OAKTREE COTTAGE 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 three OAKTREE COTTAGE sales between November 1998 and May 2011 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 2004 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the May 2011 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might OAKTREE COTTAGE be worth now?

OAKTREE COTTAGE might now be worth an estimated £1,006,052.

This is based on house price inflation of 93.5%, between May 2011 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 93.5% inflationary increase is applied to the most recent sale price for OAKTREE COTTAGE of £520,000 on 27th May 2011. For the value to have increased from £520,000 to £1,006,052 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of OAKTREE COTTAGE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The May 2011 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of OAKTREE COTTAGE has not materially changed since May 2011.

How Large is OAKTREE COTTAGE?

OAKTREE COTTAGE is 126m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% 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 OAKTREE COTTAGE lies on this distribution: 43% of detached houses houses are smaller than OAKTREE COTTAGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Billericay.

OAKTREE COTTAGE: Plot and Title Map

OAKTREE COTTAGE sits on a plot of roughly 0.346 of an acre, or 1,400m². The below map shows the location of OAKTREE COTTAGE, 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 OAKTREE COTTAGE). 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 OAKTREE COTTAGE?

OAKTREE COTTAGE is located on COXES FARM ROAD in BILLERICAY, in the CM11 postcode district. The below map shows the position of OAKTREE COTTAGE on COXES FARM ROAD.