2, PORTMAN DRIVE, BILLERICAY, CM12 0PE - £510,000

2 PORTMAN DRIVE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £510,000 in June 2021, which was around 16% below the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

2 PORTMAN DRIVE Sold Prices

Land registry data shows two sales for 2 PORTMAN DRIVE 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 2 PORTMAN DRIVE sales were 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
2021 2 JUN	£510,000	£609,468	16% below HPI
1995 28 APR	£97,000	£98,506	2% below HPI

2 PORTMAN DRIVE 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 2 PORTMAN DRIVE sales from April 1995 and June 2021 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 1995 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 PORTMAN DRIVE?

2 PORTMAN DRIVE is 75m² according to the EPC inspection conducted in July 2017. 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 2 PORTMAN DRIVE lies on this distribution: 5% of detached houses are smaller than 2 PORTMAN DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Billericay.

2 PORTMAN DRIVE: Plot and Title Map

2 PORTMAN DRIVE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 2 PORTMAN DRIVE, 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 PORTMAN DRIVE). 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 PORTMAN DRIVE?

2 PORTMAN DRIVE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 2 on PORTMAN DRIVE.