5, SUSSEX WAY, BILLERICAY, CM12 0FA - £347,500

5 SUSSEX WAY is a very small extended detached house of 92m², built sometime between 2003 and 2006. It was last sold for £347,500 in February 2015, which was around 15% below the average February 2015 detached price in the Basildon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

5 SUSSEX WAY Sold Prices

Land registry data shows three sales for 5 SUSSEX WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 5 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
2015 12 FEB	£347,500	£410,372	15% below HPI
2005 27 MAY	£248,500	£308,692	19% below HPI
2001 4 JAN	£156,000	£175,346	11% below HPI

5 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 three 5 SUSSEX WAY sales between January 2001 and February 2015 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 May 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 SUSSEX WAY?

5 SUSSEX WAY is 92m², which includes two extensions, according to the EPC inspection conducted in January 2015. 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 5 SUSSEX WAY lies on this distribution: 13% of detached houses are smaller than 5 SUSSEX WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Billericay.

5 SUSSEX WAY: Plot and Title Map

5 SUSSEX WAY sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 5 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 5 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 5 SUSSEX WAY?

5 SUSSEX WAY is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 5 on SUSSEX WAY.