23, OUTWOOD FARM ROAD, BILLERICAY, CM11 2NA - £410,000

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.

23 OUTWOOD FARM ROAD is a very small semi-detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £498,876. It was last sold for £410,000 in November 2018, which was around 18% above the average November 2018 semi-detached price in the Basildon local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was D.

23 OUTWOOD FARM ROAD Sold Prices

Land registry data shows three sales for 23 OUTWOOD FARM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Two of the three 23 OUTWOOD FARM ROAD sales were for above the average price, whilst one 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
2018 9 NOV	£410,000	£347,207	18% above HPI
2015 8 OCT	£355,000	£279,224	27% above HPI
2013 6 DEC	£190,000	£223,449	15% below HPI

23 OUTWOOD FARM ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The three 23 OUTWOOD FARM ROAD sales between December 2013 and November 2018 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 October 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 23 OUTWOOD FARM ROAD be worth now?

23 OUTWOOD FARM ROAD might now be worth an estimated £498,876.

This is based on house price inflation of 21.7%, between November 2018 and June 2025, for semi-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 21.7% inflationary increase is applied to the most recent sale price for 23 OUTWOOD FARM ROAD of £410,000 on 9th November 2018. For the value to have increased from £410,000 to £498,876 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 23 OUTWOOD FARM ROAD has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The November 2018 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 23 OUTWOOD FARM ROAD has not materially changed since November 2018.

How Large is 23 OUTWOOD FARM ROAD?

23 OUTWOOD FARM ROAD is 59m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 23 OUTWOOD FARM ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 23 OUTWOOD FARM ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Billericay.

23 OUTWOOD FARM ROAD: Plot and Title Map

23 OUTWOOD FARM ROAD sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 23 OUTWOOD FARM ROAD, 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 23 OUTWOOD FARM ROAD). 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 23 OUTWOOD FARM ROAD?

23 OUTWOOD FARM ROAD is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 23 on OUTWOOD FARM ROAD.