38, CHESTWOOD CLOSE, BILLERICAY, CM12 0PB - £427,000

38 CHESTWOOD CLOSE is a very small detached house of 102m², built sometime between 1967 and 1975. It was last sold for £427,000 in June 2007, which was around 28% above the average June 2007 detached price in the Basildon local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

38 CHESTWOOD CLOSE Sold Prices

Land registry data shows two sales for 38 CHESTWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 38 CHESTWOOD 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
2007 15 JUN	£427,000	£332,347	28% above HPI
2000 14 JUL	£195,000	£168,983	15% above HPI

38 CHESTWOOD CLOSE 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 two 38 CHESTWOOD CLOSE sales from July 2000 and June 2007 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 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2007 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 38 CHESTWOOD CLOSE?

38 CHESTWOOD CLOSE is 102m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 38 CHESTWOOD CLOSE lies on this distribution: 19% of detached houses are smaller than 38 CHESTWOOD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Billericay.

38 CHESTWOOD CLOSE: Plot and Title Map

38 CHESTWOOD CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 38 CHESTWOOD 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 CHESTWOOD 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 CHESTWOOD CLOSE?

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