3, THE RISING, BILLERICAY, CM11 2HN - £875,000

3 THE RISING is a large extended detached house of 159m², built sometime between 1983 and 1990. It was last sold for £875,000 in October 2022, which was around 24% above the average October 2022 detached price in the Basildon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

3 THE RISING Sold Prices

Land registry data shows three sales for 3 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. All of the three 3 THE RISING 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
2022 14 OCT	£875,000	£703,370	24% above HPI
2019 4 DEC	£585,000	£555,636	5% above HPI
1996 15 MAR	£141,000	£95,455	48% above HPI

3 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 3 THE RISING sales between March 1996 and October 2022 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 December 2019 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3 THE RISING?

3 THE RISING is 159m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% 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 THE RISING lies on this distribution: 68% of detached houses are smaller than 3 THE RISING, and 32% of houses are larger. Note that EPC data is not available for all properties in Billericay.

3 THE RISING: Plot and Title Map

3 THE RISING sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 3 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 3 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 3 THE RISING?

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