48, SUSSEX WAY, BILLERICAY, CM12 0FA - £455,000

48 SUSSEX WAY is a very small extended detached house of 78m², built sometime between 1991 and 1995. It was last sold for £455,000 in January 2021, which was around 24% below the average January 2021 detached price in the Basildon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

48 SUSSEX WAY Sold Prices

Land registry data shows six sales for 48 SUSSEX WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the six 48 SUSSEX WAY 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
2021 20 JAN	£455,000	£595,297	24% below HPI
2017 7 APR	£410,000	£534,138	23% below HPI
2015 9 OCT	£382,000	£454,772	16% below HPI
2010 5 FEB	£272,500	£326,646	17% below HPI
2001 28 MAR	£149,995	£176,333	15% below HPI
1999 30 MAR	£121,000	£129,014	6% below HPI

48 SUSSEX WAY 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 six 48 SUSSEX WAY sales between March 1999 and January 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 April 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 48 SUSSEX WAY?

48 SUSSEX WAY is 78m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 48 SUSSEX WAY lies on this distribution: 7% of detached houses are smaller than 48 SUSSEX WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Billericay.

48 SUSSEX WAY: Plot and Title Map

48 SUSSEX WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 48 SUSSEX 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 48 SUSSEX 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 48 SUSSEX WAY?

48 SUSSEX WAY is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 48 on SUSSEX WAY.