304, OUTWOOD COMMON ROAD, BILLERICAY, CM11 2LT - £357,000

304 OUTWOOD COMMON ROAD is a small detached house of 108m², built sometime between 1967 and 1975. It was last sold for £357,000 in March 2011, which was around 4% above the average March 2011 detached price in the Basildon local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

304 OUTWOOD COMMON ROAD Sold Prices

Land registry data shows two sales for 304 OUTWOOD COMMON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. One of the two 304 OUTWOOD COMMON ROAD sales was for above the average price, whilst the other was 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
2011 22 MAR	£357,000	£342,205	4% above HPI
2009 14 SEP	£270,000	£312,534	14% below HPI

304 OUTWOOD COMMON ROAD 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 two 304 OUTWOOD COMMON ROAD sales from September 2009 and March 2011 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 September 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2011 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 304 OUTWOOD COMMON ROAD?

304 OUTWOOD COMMON ROAD is 108m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 304 OUTWOOD COMMON ROAD lies on this distribution: 23% of detached houses are smaller than 304 OUTWOOD COMMON ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Billericay.

304 OUTWOOD COMMON ROAD: Plot and Title Map

304 OUTWOOD COMMON ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 304 OUTWOOD COMMON ROAD, 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 304 OUTWOOD COMMON ROAD). 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 304 OUTWOOD COMMON ROAD?

304 OUTWOOD COMMON ROAD is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 304 on OUTWOOD COMMON ROAD.