16, FARRIERS DRIVE, BILLERICAY, CM12 0XZ - £472,500

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.

16 FARRIERS DRIVE is a small extended detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £910,544. It was last sold for £472,500 in September 2011, which was around 36% above the average September 2011 detached price in the Basildon local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

16 FARRIERS DRIVE Sold Prices

Land registry data shows two sales for 16 FARRIERS DRIVE 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 16 FARRIERS 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
2011 30 SEP	£472,500	£348,381	36% above HPI
2007 7 MAR	£430,000	£327,956	31% above HPI

16 FARRIERS DRIVE 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 16 FARRIERS DRIVE sales from March 2007 and September 2011 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 March 2007 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2011 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 16 FARRIERS DRIVE be worth now?

16 FARRIERS DRIVE might now be worth an estimated £910,544.

This is based on house price inflation of 92.7%, between September 2011 and June 2025, for 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 92.7% inflationary increase is applied to the most recent sale price for 16 FARRIERS DRIVE of £472,500 on 30th September 2011. For the value to have increased from £472,500 to £910,544 over the fourteen years and three months to June 2025, the following assumptions must hold true:

• The value of 16 FARRIERS DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The September 2011 sale price of £472,500 represented a fair market value for the property.
• The size, condition, and specification of 16 FARRIERS DRIVE has not materially changed since September 2011.

How Large is 16 FARRIERS DRIVE?

16 FARRIERS DRIVE is 123m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billericay, and where 16 FARRIERS DRIVE lies on this distribution: 38% of detached houses houses are smaller than 16 FARRIERS DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Billericay.

16 FARRIERS DRIVE: Plot and Title Map

16 FARRIERS DRIVE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 16 FARRIERS 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 16 FARRIERS 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 16 FARRIERS DRIVE?

16 FARRIERS DRIVE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 16 on FARRIERS DRIVE.