41, LANGEMORE WAY, BILLERICAY, CM11 2BT - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 LANGEMORE WAY is a very small extended semi-detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £513,787. It was last sold for £495,000 in June 2022, which was around 23% above the average June 2022 semi-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.

41 LANGEMORE WAY Sold Prices

Land registry data shows two sales for 41 LANGEMORE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. Both of the two 41 LANGEMORE WAY 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
2022 17 JUN	£495,000	£401,553	23% above HPI
2017 17 FEB	£420,000	£325,273	29% above HPI

41 LANGEMORE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The two 41 LANGEMORE WAY sales from February 2017 and June 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 February 2017 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2022 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 41 LANGEMORE WAY be worth now?

41 LANGEMORE WAY might now be worth an estimated £513,787.

This is based on house price inflation of 3.8%, between June 2022 and February 2025, for semi-detached houses, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for 41 LANGEMORE WAY of £495,000 on 17th June 2022. For the value to have increased from £495,000 to £513,787 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 41 LANGEMORE WAY has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The June 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LANGEMORE WAY has not materially changed since June 2022.

How Large is 41 LANGEMORE WAY?

41 LANGEMORE WAY is 104m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 41 LANGEMORE WAY lies on this distribution: 20% of semi-detached houses houses are smaller than 41 LANGEMORE WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Billericay.

41 LANGEMORE WAY: Plot and Title Map

41 LANGEMORE WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 41 LANGEMORE 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 41 LANGEMORE 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 41 LANGEMORE WAY?

41 LANGEMORE WAY is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 41 on LANGEMORE WAY.