38, CARPENTER CLOSE, BILLERICAY, CM12 0EA - £206,500

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.

38 CARPENTER CLOSE is a very small terraced house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £390,967. It was last sold for £206,500 in July 2013, which was around 26% above the average July 2013 terraced price in the Basildon local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

38 CARPENTER CLOSE Sold Prices

Land registry data shows four sales for 38 CARPENTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. All of the four 38 CARPENTER 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
2013 17 JUL	£206,500	£163,331	26% above HPI
2004 25 JUN	£177,000	£129,235	37% above HPI
2000 13 NOV	£105,000	£67,928	55% above HPI
1996 21 JUN	£66,250	£42,319	57% above HPI

38 CARPENTER 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 four 38 CARPENTER CLOSE sales between June 1996 and July 2013 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 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2013 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 38 CARPENTER CLOSE be worth now?

38 CARPENTER CLOSE might now be worth an estimated £390,967.

This is based on house price inflation of 89.3%, between July 2013 and April 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 89.3% inflationary increase is applied to the most recent sale price for 38 CARPENTER CLOSE of £206,500 on 17th July 2013. For the value to have increased from £206,500 to £390,967 over the thirteen years and three months to April 2026, the following assumptions must hold true:

• The value of 38 CARPENTER CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The July 2013 sale price of £206,500 represented a fair market value for the property.
• The size, condition, and specification of 38 CARPENTER CLOSE has not materially changed since July 2013.

How Large is 38 CARPENTER CLOSE?

38 CARPENTER CLOSE is 61m² according to the EPC inspection conducted in January 2013. 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 38 CARPENTER CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 38 CARPENTER CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Billericay.

38 CARPENTER CLOSE: Plot and Title Map

38 CARPENTER CLOSE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 38 CARPENTER 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 38 CARPENTER 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 38 CARPENTER CLOSE?

38 CARPENTER CLOSE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 38 on CARPENTER CLOSE.