15, CARPENTER CLOSE, BILLERICAY, CM12 0EA - £407,500

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.

15 CARPENTER CLOSE is a very small terraced house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £413,100. It was last sold for £407,500 in September 2023, which was around 34% above the average September 2023 terraced price in the Basildon local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

15 CARPENTER CLOSE Sold Prices

Land registry data shows five sales for 15 CARPENTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. All of the five 15 CARPENTER 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
2023 7 SEP	£407,500	£305,043	34% above HPI
2017 28 APR	£335,000	£240,443	39% above HPI
2006 20 FEB	£200,000	£143,730	39% above HPI
1998 29 OCT	£87,000	£53,004	64% above HPI
1995 29 SEP	£68,500	£41,500	65% above HPI

15 CARPENTER CLOSE 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 five 15 CARPENTER CLOSE sales between September 1995 and September 2023 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 2017 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2023 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 15 CARPENTER CLOSE be worth now?

15 CARPENTER CLOSE might now be worth an estimated £413,100.

This is based on house price inflation of 1.4%, between September 2023 and April 2026, 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 1.4% inflationary increase is applied to the most recent sale price for 15 CARPENTER CLOSE of £407,500 on 7th September 2023. For the value to have increased from £407,500 to £413,100 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 15 CARPENTER CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The September 2023 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of 15 CARPENTER CLOSE has not materially changed since September 2023.

How Large is 15 CARPENTER CLOSE?

15 CARPENTER CLOSE is 52m² according to the EPC inspection conducted in January 2017. 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 15 CARPENTER CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 15 CARPENTER CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Billericay.

15 CARPENTER CLOSE: Plot and Title Map

15 CARPENTER CLOSE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 15 CARPENTER 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 15 CARPENTER 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 15 CARPENTER CLOSE?

15 CARPENTER CLOSE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 15 on CARPENTER CLOSE.