1, MARTINGALE CLOSE, BILLERICAY, CM11 1SQ - £700,000

1 MARTINGALE CLOSE is a midsized extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £700,000 in November 2018, which was around 24% above the average November 2018 detached price in the Basildon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

1 MARTINGALE CLOSE Sold Prices

Land registry data shows three sales for 1 MARTINGALE CLOSE 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 1 MARTINGALE CLOSE 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
2018 16 NOV	£700,000	£566,234	24% above HPI
2009 27 OCT	£492,500	£317,851	55% above HPI
1999 30 APR	£185,000	£129,666	43% above HPI

1 MARTINGALE CLOSE 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 1 MARTINGALE CLOSE sales between April 1999 and November 2018 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 October 2009 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the November 2018 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 1 MARTINGALE CLOSE?

1 MARTINGALE CLOSE is 138m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 1 MARTINGALE CLOSE lies on this distribution: 54% of detached houses are smaller than 1 MARTINGALE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Billericay.

1 MARTINGALE CLOSE: Plot and Title Map

1 MARTINGALE CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 1 MARTINGALE CLOSE, 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 1 MARTINGALE CLOSE). 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 1 MARTINGALE CLOSE?

1 MARTINGALE CLOSE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 1 on MARTINGALE CLOSE.