WEATHERVANE LODGE, POTASH ROAD, BILLERICAY, CM11 1HG - £790,000

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

WEATHERVANE LODGE is a very large extended detached house of 269m², built sometime between 1983 and 1990. It was last sold for £790,000 in January 2016, which was around 65% above the average January 2016 detached price in the Basildon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was C.

WEATHERVANE LODGE Sold Prices

Land registry data shows two sales for WEATHERVANE LODGE 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 WEATHERVANE LODGE 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 19 JAN	£790,000	£477,746	65% above HPI
2005 22 APR	£675,000	£303,658	122% above HPI

WEATHERVANE LODGE 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 WEATHERVANE LODGE sales from April 2005 and January 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 April 2005 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the January 2016 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is WEATHERVANE LODGE?

WEATHERVANE LODGE is 269m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where WEATHERVANE LODGE lies on this distribution: 96% of detached houses are smaller than WEATHERVANE LODGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Billericay.

WEATHERVANE LODGE: Plot and Title Map

WEATHERVANE LODGE sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of WEATHERVANE LODGE, 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 WEATHERVANE LODGE). 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 WEATHERVANE LODGE?

WEATHERVANE LODGE is located on POTASH ROAD in BILLERICAY, in the CM11 postcode district. The below map shows the position of WEATHERVANE LODGE on POTASH ROAD.