3, MAGENTA CLOSE, BILLERICAY, CM12 0LF - £227,500

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 MAGENTA CLOSE is a very small terraced house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £437,068. It was last sold for £227,500 in July 2013, which was around 39% above the average July 2013 terraced price in the Basildon local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

3 MAGENTA CLOSE Sold Prices

Land registry data shows five sales for 3 MAGENTA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. All of the five 3 MAGENTA CLOSE 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
2013 26 JUL	£227,500	£163,331	39% above HPI
2006 26 MAY	£195,000	£143,097	36% above HPI
2004 28 MAY	£185,000	£126,612	46% above HPI
1999 24 NOV	£95,000	£58,541	62% above HPI
1997 12 DEC	£89,950	£47,795	88% above HPI

3 MAGENTA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Basildon local authority area over time, sourced from the HPI. The five 3 MAGENTA CLOSE sales between December 1997 and July 2013 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 May 2006 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2013 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 3 MAGENTA CLOSE be worth now?

3 MAGENTA CLOSE might now be worth an estimated £437,068.

This is based on house price inflation of 92.1%, between July 2013 and June 2025, for terraced 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 92.1% inflationary increase is applied to the most recent sale price for 3 MAGENTA CLOSE of £227,500 on 26th July 2013. For the value to have increased from £227,500 to £437,068 over the twelve years and one month to June 2025, the following assumptions must hold true:

• The value of 3 MAGENTA CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The July 2013 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MAGENTA CLOSE has not materially changed since July 2013.

How Large is 3 MAGENTA CLOSE?

3 MAGENTA CLOSE is 61m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of terraced houses houses in Billericay, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Billericay, and where 3 MAGENTA CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 3 MAGENTA CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Billericay.

3 MAGENTA CLOSE: Plot and Title Map

3 MAGENTA CLOSE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 3 MAGENTA 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 MAGENTA 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 MAGENTA CLOSE?

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