31, PRINCES CLOSE, BILLERICAY, CM12 0FJ - £92,995

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.

31 PRINCES CLOSE is a very small terraced house of 41m², built sometime between 1991 and 1995, which could now be worth an estimated £363,516. It was last sold for £92,995 in October 2001, which was around 17% above the average October 2001 terraced price in the Basildon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was A.

31 PRINCES CLOSE Sold Prices

Land registry data shows two sales for 31 PRINCES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. Both of the two 31 PRINCES 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
2001 19 OCT	£92,995	£79,590	17% above HPI
1997 27 JUN	£52,500	£45,357	16% above HPI

31 PRINCES 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 two 31 PRINCES CLOSE sales from June 1997 and October 2001 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 June 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2001 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 31 PRINCES CLOSE be worth now?

31 PRINCES CLOSE might now be worth an estimated £363,516.

This is based on house price inflation of 290.9%, between October 2001 and May 2026, 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 290.9% inflationary increase is applied to the most recent sale price for 31 PRINCES CLOSE of £92,995 on 19th October 2001. For the value to have increased from £92,995 to £363,516 over the 25 years and five months to May 2026, the following assumptions must hold true:

• The value of 31 PRINCES CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The October 2001 sale price of £92,995 represented a fair market value for the property.
• The size, condition, and specification of 31 PRINCES CLOSE has not materially changed since October 2001.

How Large is 31 PRINCES CLOSE?

31 PRINCES CLOSE is 41m² according to the EPC inspection conducted in July 2020. 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 31 PRINCES CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 31 PRINCES CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Billericay.

31 PRINCES CLOSE: Plot and Title Map

31 PRINCES CLOSE sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 31 PRINCES 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 31 PRINCES 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 31 PRINCES CLOSE?

31 PRINCES CLOSE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 31 on PRINCES CLOSE.