5, MAGNOLIAS, BILLERICAY, CM11 2SH - £410,000

5 MAGNOLIAS is a small extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £410,000 in August 2014, which was around 2% above the average August 2014 detached price in the Basildon local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

5 MAGNOLIAS Sold Prices

Land registry data shows two sales for 5 MAGNOLIAS 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. Both of the two 5 MAGNOLIAS 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
2014 15 AUG	£410,000	£401,171	2% above HPI
1996 13 JUN	£134,500	£99,552	35% above HPI

5 MAGNOLIAS 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 5 MAGNOLIAS sales from June 1996 and August 2014 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 June 1996 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2014 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 5 MAGNOLIAS?

5 MAGNOLIAS is 112m², which includes three extensions, according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 5 MAGNOLIAS lies on this distribution: 27% of detached houses are smaller than 5 MAGNOLIAS, and 72% of houses are larger. Note that EPC data is not available for all properties in Billericay.

5 MAGNOLIAS: Plot and Title Map

5 MAGNOLIAS sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 5 MAGNOLIAS, 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 5 MAGNOLIAS). 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 5 MAGNOLIAS?

5 MAGNOLIAS is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 5 on MAGNOLIAS.