8, OAKWOOD DRIVE, BILLERICAY, CM12 0SA - £735,000

8 OAKWOOD DRIVE is a large detached house of 178m², built sometime between 1996 and 2002. It was last sold for £735,000 in July 2018, which was around 31% above the average July 2018 detached price in the Basildon local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was D.

8 OAKWOOD DRIVE Sold Prices

Land registry data shows three sales for 8 OAKWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 8 OAKWOOD DRIVE 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
2018 13 JUL	£735,000	£560,857	31% above HPI
2011 9 SEP	£540,000	£346,211	56% above HPI
1999 2 JUL	£312,000	£139,295	124% above HPI

8 OAKWOOD DRIVE 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 three 8 OAKWOOD DRIVE sales between July 1999 and July 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 September 2011 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2018 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 8 OAKWOOD DRIVE?

8 OAKWOOD DRIVE is 178m² according to the EPC inspection conducted in December 2009. This puts it in the largest 30% 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 OAKWOOD DRIVE lies on this distribution: 78% of detached houses are smaller than 8 OAKWOOD DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Billericay.

8 OAKWOOD DRIVE: Plot and Title Map

8 OAKWOOD DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 8 OAKWOOD DRIVE, 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 OAKWOOD DRIVE). 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 OAKWOOD DRIVE?

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