2, THE SPINNEY, BILLERICAY, CM12 0AU - £975,000

2 THE SPINNEY is a large detached house of 160m². It was last sold for £975,000 in June 2022, which was around 43% above the average June 2022 detached price in the Basildon local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

2 THE SPINNEY Sold Prices

Land registry data shows two sales for 2 THE SPINNEY 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 THE SPINNEY 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
2022 30 JUN	£975,000	£679,547	43% above HPI
2018 16 FEB	£875,000	£547,364	60% above HPI

2 THE SPINNEY 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 THE SPINNEY sales from February 2018 and June 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 February 2018 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the June 2022 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 2 THE SPINNEY?

2 THE SPINNEY is 160m² according to the EPC inspection conducted in January 2018. This puts it in the largest 40% 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 THE SPINNEY lies on this distribution: 68% of detached houses are smaller than 2 THE SPINNEY, and 31% of houses are larger. Note that EPC data is not available for all properties in Billericay.

2 THE SPINNEY: Plot and Title Map

2 THE SPINNEY sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 2 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

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