PIPPINS, LONDON ROAD, BILLERICAY, CM12 9HJ - £670,000

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.

PIPPINS is a small detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £883,850. It was last sold for £670,000 in June 2016, which was around 34% above the average June 2016 detached price in the Basildon local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was D.

PIPPINS Sold Prices

Land registry data shows four sales for PIPPINS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four PIPPINS 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
2016 20 JUN	£670,000	£499,714	34% above HPI
2014 23 MAY	£530,000	£379,997	39% above HPI
2003 7 NOV	£333,500	£283,141	18% above HPI
1995 27 OCT	£143,000	£99,444	44% above HPI

PIPPINS 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 four PIPPINS sales between October 1995 and June 2016 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 2014 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2016 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might PIPPINS be worth now?

PIPPINS might now be worth an estimated £883,850.

This is based on house price inflation of 31.9%, between June 2016 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 31.9% inflationary increase is applied to the most recent sale price for PIPPINS of £670,000 on 20th June 2016. For the value to have increased from £670,000 to £883,850 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of PIPPINS has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2016 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of PIPPINS has not materially changed since June 2016.

How Large is PIPPINS?

PIPPINS is 118m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% 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 PIPPINS lies on this distribution: 33% of detached houses houses are smaller than PIPPINS, and 67% of houses are larger. Note that EPC data is not available for all properties in Billericay.

PIPPINS: Plot and Title Map

PIPPINS sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of PIPPINS, 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 PIPPINS). 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 PIPPINS?

PIPPINS is located on LONDON ROAD in BILLERICAY, in the CM12 postcode district. The below map shows the position of PIPPINS on LONDON ROAD.