15, PLEASANT DRIVE, BILLERICAY, CM12 0JL - £225,500

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 PLEASANT DRIVE is a very small terraced house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £451,403. It was last sold for £225,500 in June 2010, which was around 44% above the average June 2010 terraced price in the Basildon local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was B.

15 PLEASANT DRIVE Sold Prices

Land registry data shows three sales for 15 PLEASANT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. All of the three 15 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
2010 24 JUN	£225,500	£156,754	44% above HPI
2001 30 AUG	£137,000	£76,044	80% above HPI
1998 30 OCT	£95,000	£53,004	79% above HPI

15 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 three 15 PLEASANT DRIVE sales between October 1998 and June 2010 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 August 2001 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the June 2010 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 15 PLEASANT DRIVE be worth now?

15 PLEASANT DRIVE might now be worth an estimated £451,403.

This is based on house price inflation of 100.2%, between June 2010 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 100.2% inflationary increase is applied to the most recent sale price for 15 PLEASANT DRIVE of £225,500 on 24th June 2010. For the value to have increased from £225,500 to £451,403 over the fifteen years to June 2025, the following assumptions must hold true:

• The value of 15 PLEASANT DRIVE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The June 2010 sale price of £225,500 represented a fair market value for the property.
• The size, condition, and specification of 15 PLEASANT DRIVE has not materially changed since June 2010.

How Large is 15 PLEASANT DRIVE?

15 PLEASANT DRIVE is 59m² according to the EPC inspection conducted in July 2009. 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 PLEASANT DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 15 PLEASANT DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Billericay.

15 PLEASANT DRIVE: Plot and Title Map

15 PLEASANT DRIVE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 15 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 15 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 15 PLEASANT DRIVE?

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