407 OUTWOOD COMMON ROAD is a very small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £500,700 in May 2022, which was around 26% below the average May 2022 detached price in the Basildon local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 407 OUTWOOD COMMON ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the four 407 OUTWOOD COMMON ROAD sales were 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 |
---|---|---|---|
2022 23 MAY | £500,700 | £672,882 | 26% below HPI |
2019 16 AUG | £425,000 | £554,898 | 23% below HPI |
2002 31 OCT | £272,500 | £247,179 | 10% above HPI |
2001 29 JUN | £175,000 | £182,192 | 4% below HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The four 407 OUTWOOD COMMON ROAD sales between June 2001 and May 2022 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 August 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
407 OUTWOOD COMMON ROAD is 100m², which includes one extension, according to the EPC inspection conducted in January 2022. 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 407 OUTWOOD COMMON ROAD lies on this distribution: 17% of detached houses are smaller than 407 OUTWOOD COMMON ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Billericay.
407 OUTWOOD COMMON ROAD sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 407 OUTWOOD COMMON ROAD, 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 407 OUTWOOD COMMON ROAD). 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.
407 OUTWOOD COMMON ROAD is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 407 on OUTWOOD COMMON ROAD.