370, OUTWOOD COMMON ROAD, BILLERICAY, CM11 2LZ - £395,000

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.

370 OUTWOOD COMMON ROAD is a very small extended terraced house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £421,614. It was last sold for £395,000 in May 2023, which was around 35% above the average May 2023 terraced price in the Basildon local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

370 OUTWOOD COMMON ROAD Sold Prices

Land registry data shows three sales for 370 OUTWOOD COMMON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. All of the three 370 OUTWOOD COMMON ROAD 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
2023 30 MAY	£395,000	£293,673	35% above HPI
2009 27 JUL	£180,000	£141,976	27% above HPI
2003 19 NOV	£165,000	£116,760	41% above HPI

370 OUTWOOD COMMON ROAD 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 three 370 OUTWOOD COMMON ROAD sales between November 2003 and May 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 July 2009 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2023 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 370 OUTWOOD COMMON ROAD be worth now?

370 OUTWOOD COMMON ROAD might now be worth an estimated £421,614.

This is based on house price inflation of 6.7%, between May 2023 and July 2025, 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 6.7% inflationary increase is applied to the most recent sale price for 370 OUTWOOD COMMON ROAD of £395,000 on 30th May 2023. For the value to have increased from £395,000 to £421,614 over the one year and ten months to July 2025, the following assumptions must hold true:

• The value of 370 OUTWOOD COMMON ROAD has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The May 2023 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 370 OUTWOOD COMMON ROAD has not materially changed since May 2023.

How Large is 370 OUTWOOD COMMON ROAD?

370 OUTWOOD COMMON ROAD is 100m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% 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 370 OUTWOOD COMMON ROAD lies on this distribution: 17% of terraced houses houses are smaller than 370 OUTWOOD COMMON ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Billericay.

370 OUTWOOD COMMON ROAD: Plot and Title Map

370 OUTWOOD COMMON ROAD sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 370 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 370 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 370 OUTWOOD COMMON ROAD?

370 OUTWOOD COMMON ROAD is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 370 on OUTWOOD COMMON ROAD.