8, CONNAUGHT WAY, BILLERICAY, CM12 0UN - £441,500

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.

8 CONNAUGHT WAY is a very small semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £510,964. It was last sold for £441,500 in February 2021, which was around 21% above the average February 2021 semi-detached price in the Basildon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

8 CONNAUGHT WAY Sold Prices

Land registry data shows three sales for 8 CONNAUGHT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the three 8 CONNAUGHT WAY 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 24 FEB	£441,500	£365,037	21% above HPI
2018 7 SEP	£400,000	£350,045	14% above HPI
2015 27 MAY	£300,000	£264,372	13% above HPI

8 CONNAUGHT WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The three 8 CONNAUGHT WAY sales between May 2015 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 September 2018 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 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 8 CONNAUGHT WAY be worth now?

8 CONNAUGHT WAY might now be worth an estimated £510,964.

This is based on house price inflation of 15.7%, between February 2021 and June 2025, for semi-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 15.7% inflationary increase is applied to the most recent sale price for 8 CONNAUGHT WAY of £441,500 on 24th February 2021. For the value to have increased from £441,500 to £510,964 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 8 CONNAUGHT WAY has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The February 2021 sale price of £441,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CONNAUGHT WAY has not materially changed since February 2021.

How Large is 8 CONNAUGHT WAY?

8 CONNAUGHT WAY is 76m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of semi-detached houses houses in Billericay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billericay, and where 8 CONNAUGHT WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 8 CONNAUGHT WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Billericay.

8 CONNAUGHT WAY: Plot and Title Map

8 CONNAUGHT WAY sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 8 CONNAUGHT 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 8 CONNAUGHT 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 8 CONNAUGHT WAY?

8 CONNAUGHT WAY is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 8 on CONNAUGHT WAY.