8, FRODEN CLOSE, BILLERICAY, CM11 2TY - £385,000

8 FRODEN CLOSE is a very small extended detached house of 74m², built sometime between 1991 and 1995. It was last sold for £385,000 in June 2018, which was around 31% below the average June 2018 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.

8 FRODEN CLOSE Sold Prices

Land registry data shows two sales for 8 FRODEN CLOSE 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. Both of the two 8 FRODEN CLOSE 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
2018 28 JUN	£385,000	£555,469	31% below HPI
2016 20 DEC	£325,000	£533,535	39% below HPI

8 FRODEN CLOSE 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 8 FRODEN CLOSE sales from December 2016 and June 2018 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 December 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 FRODEN CLOSE?

8 FRODEN CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 8 FRODEN CLOSE lies on this distribution: 5% of detached houses are smaller than 8 FRODEN CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Billericay.

8 FRODEN CLOSE: Plot and Title Map

8 FRODEN CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 8 FRODEN CLOSE, 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 FRODEN CLOSE). 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 FRODEN CLOSE?

8 FRODEN CLOSE is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 8 on FRODEN CLOSE.