3, HIGH MEADOW, BILLERICAY, CM11 2BL - £430,000

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.

3 HIGH MEADOW is a very small extended semi-detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £543,828. It was last sold for £430,000 in May 2017, which was around 30% above the average May 2017 semi-detached price in the Basildon local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

3 HIGH MEADOW Sold Prices

Land registry data shows five sales for 3 HIGH MEADOW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Most of the five 3 HIGH MEADOW 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
2017 18 MAY	£430,000	£330,247	30% above HPI
2007 29 JAN	£125,000	£205,364	39% below HPI
2001 6 SEP	£136,000	£112,304	21% above HPI
2000 31 OCT	£131,000	£98,710	33% above HPI
1996 27 SEP	£82,000	£61,338	34% above HPI

3 HIGH MEADOW 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 five 3 HIGH MEADOW sales between September 1996 and May 2017 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 January 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2017 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 3 HIGH MEADOW be worth now?

3 HIGH MEADOW might now be worth an estimated £543,828.

This is based on house price inflation of 26.5%, between May 2017 and May 2026, 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 26.5% inflationary increase is applied to the most recent sale price for 3 HIGH MEADOW of £430,000 on 18th May 2017. For the value to have increased from £430,000 to £543,828 over the nine years to May 2026, the following assumptions must hold true:

• The value of 3 HIGH MEADOW has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The May 2017 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGH MEADOW has not materially changed since May 2017.

How Large is 3 HIGH MEADOW?

3 HIGH MEADOW is 104m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% 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 3 HIGH MEADOW lies on this distribution: 19% of semi-detached houses houses are smaller than 3 HIGH MEADOW, and 81% of houses are larger. Note that EPC data is not available for all properties in Billericay.

3 HIGH MEADOW: Plot and Title Map

3 HIGH MEADOW sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 HIGH MEADOW, 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 HIGH MEADOW). 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 HIGH MEADOW?

3 HIGH MEADOW is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 3 on HIGH MEADOW.