7, CHESTNUT AVENUE, BILLERICAY, CM12 9JF - £700,000

7 CHESTNUT AVENUE is a midsized extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £700,000 in February 2021, which was around 17% above the average February 2021 detached price in the Basildon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

7 CHESTNUT AVENUE Sold Prices

Land registry data shows four sales for 7 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 7 CHESTNUT AVENUE 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
2021 17 FEB	£700,000	£599,777	17% above HPI
2015 6 JAN	£465,000	£408,537	14% above HPI
1999 26 NOV	£165,000	£145,553	13% above HPI
1996 28 NOV	£118,500	£105,618	12% above HPI

7 CHESTNUT 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 four 7 CHESTNUT AVENUE sales between November 1996 and February 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 January 2015 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 7 CHESTNUT AVENUE?

7 CHESTNUT AVENUE is 132m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 7 CHESTNUT AVENUE lies on this distribution: 48% of detached houses are smaller than 7 CHESTNUT AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in Billericay.

7 CHESTNUT AVENUE: Plot and Title Map

7 CHESTNUT AVENUE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 7 CHESTNUT 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 7 CHESTNUT 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 7 CHESTNUT AVENUE?

7 CHESTNUT AVENUE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 7 on CHESTNUT AVENUE.