16, THE GROVE, BILLERICAY, CM11 1AU - £560,000

16 THE GROVE is a very large detached house of 196m², built sometime between 1950 and 1966. It was last sold for £560,000 in February 2016, which was around 17% above the average February 2016 detached price in the Basildon local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

16 THE GROVE Sold Prices

Land registry data shows two sales for 16 THE GROVE 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 THE GROVE 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 16 FEB	£560,000	£480,128	17% above HPI
2004 21 MAY	£342,000	£291,006	18% above HPI

16 THE GROVE 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 THE GROVE sales from May 2004 and February 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 May 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 16 THE GROVE?

16 THE GROVE is 196m² according to the EPC inspection conducted in January 2011. This puts it in the largest 20% 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 THE GROVE lies on this distribution: 84% of detached houses are smaller than 16 THE GROVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Billericay.

16 THE GROVE: Plot and Title Map

16 THE GROVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 16 THE GROVE, 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 THE GROVE). 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 THE GROVE?

16 THE GROVE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 16 on THE GROVE.