1A, LAKE AVENUE, BILLERICAY, CM12 0AJ - £345,000

1A LAKE AVENUE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £345,000 in September 2005, which was around 12% above the average September 2005 detached price in the Basildon local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

1A LAKE AVENUE Sold Prices

Land registry data shows two sales for 1A LAKE AVENUE 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. One of the two 1A LAKE AVENUE sales was for above the average price, whilst the other was 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
2005 27 SEP	£345,000	£308,534	12% above HPI
1996 9 APR	£77,000	£97,851	21% below HPI

1A LAKE 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 two 1A LAKE AVENUE sales from April 1996 and September 2005 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 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2005 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 1A LAKE AVENUE?

1A LAKE AVENUE is 73m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 1A LAKE AVENUE lies on this distribution: 5% of detached houses are smaller than 1A LAKE AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Billericay.

1A LAKE AVENUE: Plot and Title Map

1A LAKE AVENUE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 1A LAKE 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 1A LAKE 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 1A LAKE AVENUE?

1A LAKE AVENUE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 1A on LAKE AVENUE.