4, MAGNOLIAS, BILLERICAY, CM11 2SH - £570,000

4 MAGNOLIAS is a small detached house of 109m², built sometime between 1991 and 1995. It was last sold for £570,000 in May 2021, which was around 5% below the average May 2021 detached price in the Basildon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

4 MAGNOLIAS Sold Prices

Land registry data shows three sales for 4 MAGNOLIAS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. One of the three 4 MAGNOLIAS sales was for below the average price, whilst two 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
2021 5 MAY	£570,000	£600,419	5% below HPI
2010 27 MAY	£415,000	£336,788	23% above HPI
2007 25 JUL	£375,000	£338,386	11% above HPI

4 MAGNOLIAS 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 three 4 MAGNOLIAS sales between July 2007 and May 2021 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 2010 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 4 MAGNOLIAS?

4 MAGNOLIAS is 109m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 4 MAGNOLIAS lies on this distribution: 24% of detached houses are smaller than 4 MAGNOLIAS, and 75% of houses are larger. Note that EPC data is not available for all properties in Billericay.

4 MAGNOLIAS: Plot and Title Map

4 MAGNOLIAS sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 4 MAGNOLIAS, 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 4 MAGNOLIAS). 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 4 MAGNOLIAS?

4 MAGNOLIAS is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 4 on MAGNOLIAS.