THE REDDINGS, LAINDON COMMON ROAD, LITTLE BURSTEAD, BILLERICAY, CM12 9TD - £1,300,000

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.

THE REDDINGS is a midsized extended detached house of 209m², built sometime before 1900, which could now be worth an estimated £1,438,960. It was last sold for £1,300,000 in July 2021, which was around 118% above the average July 2021 detached price in the Basildon local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

THE REDDINGS Sold Prices

Land registry data shows two sales for THE REDDINGS 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 THE REDDINGS 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
2021 28 JUL	£1,300,000	£595,552	118% above HPI
2005 24 MAR	£485,000	£309,567	57% above HPI

THE REDDINGS 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 THE REDDINGS sales from March 2005 and July 2021 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 March 2005 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the July 2021 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

What might THE REDDINGS be worth now?

THE REDDINGS might now be worth an estimated £1,438,960.

This is based on house price inflation of 10.7%, between July 2021 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 10.7% inflationary increase is applied to the most recent sale price for THE REDDINGS of £1,300,000 on 28th July 2021. For the value to have increased from £1,300,000 to £1,438,960 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of THE REDDINGS has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2021 sale price of £1,300,000 represented a fair market value for the property.
• The size, condition, and specification of THE REDDINGS has not materially changed since July 2021.

How Large is THE REDDINGS?

THE REDDINGS is 209m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 50% of detached houses houses in Little Burstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Burstead, and where THE REDDINGS lies on this distribution: 59% of detached houses houses are smaller than THE REDDINGS, and 41% of houses are larger. Note that EPC data is not available for all properties in Little Burstead.

THE REDDINGS: Plot and Title Map

THE REDDINGS sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of THE REDDINGS, 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 THE REDDINGS). 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 THE REDDINGS?

THE REDDINGS is located on LAINDON COMMON ROAD in LITTLE BURSTEAD, in the CM12 postcode district. The below map shows the position of THE REDDINGS on LAINDON COMMON ROAD.