18, MONTAGUE WAY, BILLERICAY, CM12 0UB - £527,500

18 MONTAGUE WAY is a small extended detached house of 106m², built sometime between 1976 and 1982. It was last sold for £527,500 in January 2022, which was around 19% below the average January 2022 detached price in the Basildon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

18 MONTAGUE WAY Sold Prices

Land registry data shows four sales for 18 MONTAGUE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. two of the four 18 MONTAGUE WAY sales were for below the average price, and four 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
2022 28 JAN	£527,500	£651,939	19% below HPI
2011 13 APR	£322,500	£342,557	6% below HPI
1999 1 APR	£155,000	£129,666	20% above HPI
1997 6 MAR	£113,000	£108,355	4% above HPI

18 MONTAGUE WAY 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 four 18 MONTAGUE WAY sales between March 1997 and January 2022 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 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 18 MONTAGUE WAY?

18 MONTAGUE WAY is 106m², which includes one extension, according to the EPC inspection conducted in March 2021. 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 18 MONTAGUE WAY lies on this distribution: 22% of detached houses are smaller than 18 MONTAGUE WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Billericay.

18 MONTAGUE WAY: Plot and Title Map

18 MONTAGUE WAY sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 18 MONTAGUE WAY, 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 18 MONTAGUE WAY). 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 18 MONTAGUE WAY?

18 MONTAGUE WAY is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 18 on MONTAGUE WAY.