1, PLEASANT DRIVE, BILLERICAY, CM12 0JL - £435,000

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.

1 PLEASANT DRIVE is a very small extended terraced house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £536,974. It was last sold for £435,000 in July 2018, which was around 71% above the average July 2018 terraced price in the Basildon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

1 PLEASANT DRIVE Sold Prices

Land registry data shows two sales for 1 PLEASANT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. Both of the two 1 PLEASANT DRIVE 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 31 JUL	£435,000	£254,198	71% above HPI
1998 13 NOV	£125,000	£52,772	137% above HPI

1 PLEASANT DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Basildon local authority area over time, sourced from the HPI. The two 1 PLEASANT DRIVE sales from November 1998 and July 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 November 1998 sale was for 137% above the HPI. So the extrapolation line tracks at 137% above the HPI over time, until the July 2018 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 1 PLEASANT DRIVE be worth now?

1 PLEASANT DRIVE might now be worth an estimated £536,974.

This is based on house price inflation of 23.4%, between July 2018 and June 2025, for terraced 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 23.4% inflationary increase is applied to the most recent sale price for 1 PLEASANT DRIVE of £435,000 on 31st July 2018. For the value to have increased from £435,000 to £536,974 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of 1 PLEASANT DRIVE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The July 2018 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PLEASANT DRIVE has not materially changed since July 2018.

How Large is 1 PLEASANT DRIVE?

1 PLEASANT DRIVE is 78m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of terraced houses houses in Billericay, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Billericay, and where 1 PLEASANT DRIVE lies on this distribution: 6% of terraced houses houses are smaller than 1 PLEASANT DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Billericay.

1 PLEASANT DRIVE: Plot and Title Map

1 PLEASANT DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 1 PLEASANT DRIVE, 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 PLEASANT DRIVE). 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 PLEASANT DRIVE?

1 PLEASANT DRIVE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 1 on PLEASANT DRIVE.