18, WAKEFIELD AVENUE, BILLERICAY, CM12 9DN - £565,000

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.

18 WAKEFIELD AVENUE is a very small detached house of 37m², built sometime between 1967 and 1975, which could now be worth an estimated £713,831. It was last sold for £565,000 in November 2016, which was around 6% above the average November 2016 detached price in the Basildon local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

18 WAKEFIELD AVENUE Sold Prices

Land registry data shows four sales for 18 WAKEFIELD AVENUE 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. Most of the four 18 WAKEFIELD AVENUE 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 25 NOV	£565,000	£531,382	6% above HPI
2012 6 FEB	£345,000	£340,580	1% above HPI
2004 2 JUN	£320,500	£295,430	8% above HPI
1999 12 MAR	£125,000	£129,823	4% below HPI

18 WAKEFIELD AVENUE 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 WAKEFIELD AVENUE sales between March 1999 and November 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 February 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2016 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 18 WAKEFIELD AVENUE be worth now?

18 WAKEFIELD AVENUE might now be worth an estimated £713,831.

This is based on house price inflation of 26.3%, between November 2016 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 26.3% inflationary increase is applied to the most recent sale price for 18 WAKEFIELD AVENUE of £565,000 on 25th November 2016. For the value to have increased from £565,000 to £713,831 over the nine years and five months to June 2025, the following assumptions must hold true:

• The value of 18 WAKEFIELD AVENUE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2016 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WAKEFIELD AVENUE has not materially changed since November 2016.

How Large is 18 WAKEFIELD AVENUE?

18 WAKEFIELD AVENUE is 37m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% 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 18 WAKEFIELD AVENUE lies on this distribution: Less than 1% of detached houses houses are smaller than 18 WAKEFIELD AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Billericay.

18 WAKEFIELD AVENUE: Plot and Title Map

18 WAKEFIELD AVENUE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 18 WAKEFIELD AVENUE, 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 WAKEFIELD AVENUE). 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 WAKEFIELD AVENUE?

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