2, FERNLEA PLACE, BILLERICAY, CM11 1GG - £1,460,000

2 FERNLEA PLACE is a very large extended detached house of 268m², built sometime from 2007 onwards. It was last sold for £1,460,000 in October 2016, which was around 180% above the average October 2016 detached price in the Basildon local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

2 FERNLEA PLACE Sold Prices

Land registry data shows three sales for 2 FERNLEA PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 2 FERNLEA PLACE 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 10 OCT	£1,460,000	£522,191	180% above HPI
2013 11 JUN	£1,250,000	£355,775	251% above HPI
2010 29 OCT	£1,215,000	£345,830	251% above HPI

2 FERNLEA PLACE 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 three 2 FERNLEA PLACE sales between October 2010 and October 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 June 2013 sale was for 251% above the HPI. So the extrapolation line tracks at 251% above the HPI over time, until the October 2016 sale, where it falls to 180% above the HPI. The line then continues to track at 180% above the HPI.

How Large is 2 FERNLEA PLACE?

2 FERNLEA PLACE is 268m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 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 2 FERNLEA PLACE lies on this distribution: 95% of detached houses are smaller than 2 FERNLEA PLACE, and 5% of houses are larger. Note that EPC data is not available for all properties in Billericay.

2 FERNLEA PLACE: Plot and Title Map

2 FERNLEA PLACE sits on a plot of roughly 0.242 of an acre, or 978m². The below map shows the location of 2 FERNLEA PLACE, 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 2 FERNLEA PLACE). 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 2 FERNLEA PLACE?

2 FERNLEA PLACE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 2 on FERNLEA PLACE.