SERENE HOUSE, CRAYS HILL ROAD, CRAYS HILL, BILLERICAY, CM11 2YR - £830,000

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.

SERENE HOUSE is a very large detached house of 250m², which could now be worth an estimated £824,970. It was last sold for £830,000 in September 2023, which was around 25% above the average September 2023 detached price in the Basildon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was B.

SERENE HOUSE Sold Prices

Land registry data shows three sales for SERENE HOUSE 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 SERENE HOUSE 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
2023 15 SEP	£830,000	£663,231	25% above HPI
2019 13 FEB	£750,000	£556,108	35% above HPI
2016 18 MAR	£510,000	£486,244	5% above HPI

SERENE HOUSE 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 SERENE HOUSE sales between March 2016 and September 2023 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 February 2019 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2023 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might SERENE HOUSE be worth now?

SERENE HOUSE might now be worth an estimated £824,970.

This is based on house price deflation of 0.6%, between September 2023 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 0.6% deflationary decrease is applied to the most recent sale price for SERENE HOUSE of £830,000 on 15th September 2023. For the value to have decreased from £830,000 to £824,970 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of SERENE HOUSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The September 2023 sale price of £830,000 represented a fair market value for the property.
• The size, condition, and specification of SERENE HOUSE has not materially changed since September 2023.

How Large is SERENE HOUSE?

SERENE HOUSE is 250m² according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses houses in Crays Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crays Hill, and where SERENE HOUSE lies on this distribution: 87% of detached houses houses are smaller than SERENE HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

SERENE HOUSE: Plot and Title Map

SERENE HOUSE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of SERENE HOUSE, 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 SERENE HOUSE). 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 SERENE HOUSE?

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