16, GILMOUR RISE, BILLERICAY, CM12 9NB - £495,000

16 GILMOUR RISE is a small extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £495,000 in January 2020, which was around 12% below the average January 2020 detached price in the Basildon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

16 GILMOUR RISE Sold Prices

Land registry data shows two sales for 16 GILMOUR RISE 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 GILMOUR RISE 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 29 JAN	£495,000	£565,519	12% below HPI
2004 4 AUG	£280,000	£301,796	7% below HPI

16 GILMOUR RISE 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 GILMOUR RISE sales from August 2004 and January 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 August 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 GILMOUR RISE?

16 GILMOUR RISE is 111m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 16 GILMOUR RISE lies on this distribution: 26% of detached houses are smaller than 16 GILMOUR RISE, and 73% of houses are larger. Note that EPC data is not available for all properties in Billericay.

16 GILMOUR RISE: Plot and Title Map

16 GILMOUR RISE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 16 GILMOUR RISE, 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 GILMOUR RISE). 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 GILMOUR RISE?

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