7, FERNBANK, BILLERICAY, CM12 9XH - £650,000

7 FERNBANK is a large extended detached house of 161m², built sometime between 1983 and 1990. It was last sold for £650,000 in August 2016, which was around 26% above the average August 2016 detached price in the Basildon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

7 FERNBANK Sold Prices

Land registry data shows four sales for 7 FERNBANK 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 FERNBANK 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
2016 26 AUG	£650,000	£514,915	26% above HPI
2002 31 OCT	£355,000	£247,179	44% above HPI
2000 1 AUG	£312,500	£172,195	81% above HPI
1999 22 JUL	£210,000	£139,295	51% above HPI

7 FERNBANK 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 FERNBANK sales between July 1999 and August 2016 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 October 2002 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2016 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 7 FERNBANK?

7 FERNBANK is 161m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% 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 FERNBANK lies on this distribution: 69% of detached houses are smaller than 7 FERNBANK, and 30% of houses are larger. Note that EPC data is not available for all properties in Billericay.

7 FERNBANK: Plot and Title Map

7 FERNBANK sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 7 FERNBANK, 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 FERNBANK). 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 FERNBANK?

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