10, MARGETH ROAD, BILLERICAY, CM12 9UT - £436,500

10 MARGETH ROAD is a very small extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £436,500 in October 2020, which was around 26% below the average October 2020 detached price in the Basildon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

10 MARGETH ROAD Sold Prices

Land registry data shows two sales for 10 MARGETH ROAD 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 10 MARGETH ROAD sales were for below 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
2020 1 OCT	£436,500	£588,547	26% below HPI
2007 31 OCT	£292,500	£355,900	18% below HPI

10 MARGETH ROAD 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 10 MARGETH ROAD sales from October 2007 and October 2020 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 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 10 MARGETH ROAD?

10 MARGETH ROAD is 125m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Noak Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Noak Hill, and where 10 MARGETH ROAD lies on this distribution: 9% of detached houses are smaller than 10 MARGETH ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Noak Hill.

10 MARGETH ROAD: Plot and Title Map

10 MARGETH ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 10 MARGETH ROAD, 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 10 MARGETH ROAD). 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 10 MARGETH ROAD?

10 MARGETH ROAD is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 10 on MARGETH ROAD.