41, SECOND AVENUE, BILLERICAY, CM12 9PP - £690,000

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 SECOND AVENUE is a very large extended detached house of 221m², built sometime from 2007 onwards, which could now be worth an estimated £819,860. It was last sold for £690,000 in July 2019, which was around 24% above the average July 2019 detached price in the Basildon local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

41 SECOND AVENUE Sold Prices

Land registry data shows two sales for 41 SECOND AVENUE 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 41 SECOND AVENUE sales was for above the average price, whilst the other 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
2019 8 JUL	£690,000	£555,208	24% above HPI
2006 20 SEP	£215,000	£320,725	33% below HPI

41 SECOND AVENUE 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 41 SECOND AVENUE sales from September 2006 and July 2019 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 September 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2019 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 41 SECOND AVENUE be worth now?

41 SECOND AVENUE might now be worth an estimated £819,860.

This is based on house price inflation of 18.8%, between July 2019 and April 2026, for 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 18.8% inflationary increase is applied to the most recent sale price for 41 SECOND AVENUE of £690,000 on 8th July 2019. For the value to have increased from £690,000 to £819,860 over the seven years and three months to April 2026, the following assumptions must hold true:

• The value of 41 SECOND AVENUE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2019 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of 41 SECOND AVENUE has not materially changed since July 2019.

How Large is 41 SECOND AVENUE?

41 SECOND AVENUE is 221m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billericay, and where 41 SECOND AVENUE lies on this distribution: 89% of detached houses houses are smaller than 41 SECOND AVENUE, and 11% of houses are larger. Note that EPC data is not available for all properties in Billericay.

41 SECOND AVENUE: Plot and Title Map

41 SECOND AVENUE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 41 SECOND AVENUE, 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 SECOND AVENUE). 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 SECOND AVENUE?

41 SECOND AVENUE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 41 on SECOND AVENUE.