8, THE SPINNEY, BILLERICAY, CM12 0AU - £1,010,000

8 THE SPINNEY is a very large detached house of 268m², built sometime between 1967 and 1975. It was last sold for £1,010,000 in May 2019, which was around 85% above the average May 2019 detached price in the Basildon local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

8 THE SPINNEY Sold Prices

Land registry data shows two sales for 8 THE SPINNEY 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 THE SPINNEY 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
2019 15 MAY	£1,010,000	£546,551	85% above HPI
2005 31 OCT	£725,000	£311,700	133% above HPI

8 THE SPINNEY 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 THE SPINNEY sales from October 2005 and May 2019 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 2005 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the May 2019 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 8 THE SPINNEY?

8 THE SPINNEY is 268m² according to the EPC inspection conducted in May 2018. This puts it in the largest 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 THE SPINNEY lies on this distribution: 95% of detached houses are smaller than 8 THE SPINNEY, and 5% of houses are larger. Note that EPC data is not available for all properties in Billericay.

8 THE SPINNEY: Plot and Title Map

8 THE SPINNEY sits on a plot of roughly 0.264 of an acre, or 1,068m². The below map shows the location of 8 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

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