OAKWOODS, GARDINERS LANE NORTH, CRAYS HILL, BILLERICAY, CM11 2XA - £407,000

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

OAKWOODS is a midsized extended detached house of 155m², built sometime between 1976 and 1982. It was last sold for £407,000 in April 2010, which was around 23% above the average April 2010 detached price in the Basildon local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

OAKWOODS Sold Prices

Land registry data shows two sales for OAKWOODS 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 OAKWOODS 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
2010 7 APR	£407,000	£331,761	23% above HPI
1999 2 SEP	£210,000	£141,501	48% above HPI

OAKWOODS 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 OAKWOODS sales from September 1999 and April 2010 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 September 1999 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the April 2010 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is OAKWOODS?

OAKWOODS is 155m², which includes one extension, according to the EPC inspection conducted in March 2009. 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 OAKWOODS lies on this distribution: 52% of detached houses are smaller than OAKWOODS, and 48% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

OAKWOODS: Plot and Title Map

OAKWOODS sits on a plot of roughly 0.406 of an acre, or 1,645m². The below map shows the location of OAKWOODS, 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 OAKWOODS). 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 OAKWOODS?

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