32, MILL ROAD, BILLERICAY, CM11 2SF - £440,000

32 MILL ROAD is a very small extended detached house of 59m², built sometime between 1930 and 1949. It was last sold for £440,000 in August 2020, which was around 23% below the average August 2020 detached price in the Basildon local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

32 MILL ROAD Sold Prices

Land registry data shows three sales for 32 MILL ROAD 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 32 MILL ROAD sales were 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
2020 28 AUG	£440,000	£571,872	23% below HPI
2011 30 JUN	£300,000	£336,534	11% below HPI
2008 11 FEB	£265,000	£362,394	27% below HPI

32 MILL 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 three 32 MILL ROAD sales between February 2008 and August 2020 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 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 32 MILL ROAD?

32 MILL ROAD is 59m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 32 MILL ROAD lies on this distribution: 1% of detached houses are smaller than 32 MILL ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Billericay.

32 MILL ROAD: Plot and Title Map

32 MILL ROAD sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 32 MILL 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 32 MILL 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 32 MILL ROAD?

32 MILL ROAD is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 32 on MILL ROAD.