6, THE MEADOW WAY, BILLERICAY, CM11 2HL - £532,000

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.

6 THE MEADOW WAY is a midsized detached house of 146m², built sometime between 1950 and 1966, which could now be worth an estimated £598,357. It was last sold for £532,000 in November 2020, which was around 11% below the average November 2020 detached price in the Basildon local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was D.

6 THE MEADOW WAY Sold Prices

Land registry data shows two sales for 6 THE MEADOW WAY 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 6 THE MEADOW WAY sales was for below the average price, whilst the other was 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
2020 13 NOV	£532,000	£596,904	11% below HPI
2006 21 JUL	£342,000	£313,496	9% above HPI

6 THE MEADOW 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 two 6 THE MEADOW WAY sales from July 2006 and November 2020 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 July 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 6 THE MEADOW WAY be worth now?

6 THE MEADOW WAY might now be worth an estimated £598,357.

This is based on house price inflation of 12.5%, between November 2020 and June 2025, 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 12.5% inflationary increase is applied to the most recent sale price for 6 THE MEADOW WAY of £532,000 on 13th November 2020. For the value to have increased from £532,000 to £598,357 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 6 THE MEADOW WAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2020 sale price of £532,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE MEADOW WAY has not materially changed since November 2020.

How Large is 6 THE MEADOW WAY?

6 THE MEADOW WAY is 146m² according to the EPC inspection conducted in December 2019. This puts it in the largest 50% 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 6 THE MEADOW WAY lies on this distribution: 59% of detached houses houses are smaller than 6 THE MEADOW WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Billericay.

6 THE MEADOW WAY: Plot and Title Map

6 THE MEADOW WAY sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 6 THE MEADOW 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 6 THE MEADOW 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 6 THE MEADOW WAY?

6 THE MEADOW WAY is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 6 on THE MEADOW WAY.