39, LANCER WAY, BILLERICAY, CM12 0XA - £315,000

39 LANCER WAY is a very small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £315,000 in April 2010, which was around 5% below the average April 2010 detached price in the Basildon local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

39 LANCER WAY Sold Prices

Land registry data shows two sales for 39 LANCER WAY 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. One of the two 39 LANCER WAY sales was for below the average price, whilst the other was 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
2010 8 APR	£315,000	£331,761	5% below HPI
1998 11 MAY	£125,000	£120,731	4% above HPI

39 LANCER WAY 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 39 LANCER WAY sales from May 1998 and April 2010 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 May 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2010 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 39 LANCER WAY?

39 LANCER WAY is 91m² according to the EPC inspection conducted in September 2009. 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 39 LANCER WAY lies on this distribution: 12% of detached houses are smaller than 39 LANCER WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Billericay.

39 LANCER WAY: Plot and Title Map

39 LANCER WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 39 LANCER WAY, 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 39 LANCER WAY). 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 39 LANCER WAY?

39 LANCER WAY is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 39 on LANCER WAY.