4, THE GROVE, BILLERICAY, CM11 1AU - £970,000

4 THE GROVE is a very large extended detached house of 189m², built sometime between 1930 and 1949. It was last sold for £970,000 in November 2018, which was around 71% above the average November 2018 detached price in the Basildon local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

4 THE GROVE Sold Prices

Land registry data shows three sales for 4 THE GROVE 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. Two of the three 4 THE GROVE sales were for above the average price, whilst one was for below 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
2018 16 NOV	£970,000	£566,234	71% above HPI
2017 13 MAR	£508,000	£531,404	4% below HPI
1995 13 NOV	£129,000	£100,782	28% above HPI

4 THE GROVE 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 THE GROVE sales between November 1995 and November 2018 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 March 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2018 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 4 THE GROVE?

4 THE GROVE is 189m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 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 4 THE GROVE lies on this distribution: 82% of detached houses are smaller than 4 THE GROVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Billericay.

4 THE GROVE: Plot and Title Map

4 THE GROVE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 4 THE GROVE, 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 THE GROVE). 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 THE GROVE?

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