2B, THE RISING, BILLERICAY, CM11 2HN - £385,000

2B THE RISING is a very small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £385,000 in May 2014, which was around 2% above the average May 2014 detached price in the Basildon local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

2B THE RISING Sold Prices

Land registry data shows three sales for 2B THE RISING 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. One of the three 2B THE RISING sales was for above the average price, whilst two 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
2014 8 MAY	£385,000	£377,631	2% above HPI
2010 16 APR	£245,000	£331,761	26% below HPI
1998 30 JAN	£99,000	£118,457	16% below HPI

2B THE RISING 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 2B THE RISING sales between January 1998 and May 2014 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 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 2B THE RISING?

2B THE RISING is 99m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 2B THE RISING lies on this distribution: 17% of detached houses are smaller than 2B THE RISING, and 83% of houses are larger. Note that EPC data is not available for all properties in Billericay.

2B THE RISING: Plot and Title Map

2B THE RISING sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2B THE RISING, 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 2B THE RISING). 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 2B THE RISING?

2B THE RISING is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 2B on THE RISING.