32, SOUTH RIDGE, BILLERICAY, CM11 2ER - £550,000

32 SOUTH RIDGE is a small extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £550,000 in July 2023, which was around 17% below the average July 2023 detached price in the Basildon local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

32 SOUTH RIDGE Sold Prices

Land registry data shows four sales for 32 SOUTH RIDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the four 32 SOUTH RIDGE 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
2023 28 JUL	£550,000	£665,951	17% below HPI
2019 15 FEB	£430,000	£552,644	22% below HPI
2010 6 APR	£345,000	£331,761	4% above HPI
2001 7 SEP	£152,995	£196,659	22% below HPI

32 SOUTH RIDGE 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 four 32 SOUTH RIDGE sales between September 2001 and July 2023 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 February 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 32 SOUTH RIDGE?

32 SOUTH RIDGE is 116m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 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 32 SOUTH RIDGE lies on this distribution: 31% of detached houses are smaller than 32 SOUTH RIDGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Billericay.

32 SOUTH RIDGE: Plot and Title Map

32 SOUTH RIDGE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 32 SOUTH RIDGE, 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 SOUTH RIDGE). 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 SOUTH RIDGE?

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