3, CARPENTER CLOSE, BILLERICAY, CM12 0EA - £360,000

3 CARPENTER CLOSE is a very small semi-detached house of 69m², built sometime between 1991 and 1995. It was last sold for £360,000 in January 2016, which was around 25% below the average January 2016 detached price in the Basildon local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

3 CARPENTER CLOSE Sold Prices

Land registry data shows four sales for 3 CARPENTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 3 CARPENTER CLOSE 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
2016 22 JAN	£360,000	£477,746	25% below HPI
2011 25 NOV	£250,000	£343,751	27% below HPI
2010 14 OCT	£262,000	£345,830	24% below HPI
2001 31 JUL	£149,995	£185,026	19% below HPI

3 CARPENTER CLOSE 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 four 3 CARPENTER CLOSE sales between July 2001 and January 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 November 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 CARPENTER CLOSE?

3 CARPENTER CLOSE is 69m² according to the EPC inspection conducted in May 2010. 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 3 CARPENTER CLOSE lies on this distribution: 3% of detached houses are smaller than 3 CARPENTER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Billericay.

3 CARPENTER CLOSE: Plot and Title Map

3 CARPENTER CLOSE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 3 CARPENTER CLOSE, 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 3 CARPENTER CLOSE). 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 3 CARPENTER CLOSE?

3 CARPENTER CLOSE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 3 on CARPENTER CLOSE.