14, HOMEFIELD CLOSE, BILLERICAY, CM11 2SG - £395,000

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.

14 HOMEFIELD CLOSE is a small semi-detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £534,265. It was last sold for £395,000 in July 2016, which was around 26% above the average July 2016 semi-detached price in the Basildon local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

14 HOMEFIELD CLOSE Sold Prices

Land registry data shows two sales for 14 HOMEFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Both of the two 14 HOMEFIELD 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
2016 18 JUL	£395,000	£312,347	26% above HPI
2012 26 NOV	£250,000	£214,540	17% above HPI

14 HOMEFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The two 14 HOMEFIELD CLOSE sales from November 2012 and July 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 November 2012 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2016 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 14 HOMEFIELD CLOSE be worth now?

14 HOMEFIELD CLOSE might now be worth an estimated £534,265.

This is based on house price inflation of 35.3%, between July 2016 and June 2025, for semi-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 35.3% inflationary increase is applied to the most recent sale price for 14 HOMEFIELD CLOSE of £395,000 on 18th July 2016. For the value to have increased from £395,000 to £534,265 over the nine years and one month to June 2025, the following assumptions must hold true:

• The value of 14 HOMEFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The July 2016 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 14 HOMEFIELD CLOSE has not materially changed since July 2016.

How Large is 14 HOMEFIELD CLOSE?

14 HOMEFIELD CLOSE is 106m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 14 HOMEFIELD CLOSE lies on this distribution: 22% of semi-detached houses houses are smaller than 14 HOMEFIELD CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Billericay.

14 HOMEFIELD CLOSE: Plot and Title Map

14 HOMEFIELD CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 14 HOMEFIELD 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 14 HOMEFIELD 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 14 HOMEFIELD CLOSE?

14 HOMEFIELD CLOSE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 14 on HOMEFIELD CLOSE.