ELMBANK, CRAYS HILL ROAD, CRAYS HILL, BILLERICAY, CM11 2YR - £570,000

ELMBANK is a midsized detached house of 167m², built sometime between 2003 and 2006. It was last sold for £570,000 in November 2021, which was around 8% below the average November 2021 detached price in the Basildon local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

ELMBANK Sold Prices

Land registry data shows two sales for ELMBANK 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 ELMBANK 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
2021 12 NOV	£570,000	£616,555	8% below HPI
2017 29 AUG	£400,000	£548,705	27% below HPI

ELMBANK 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 ELMBANK sales from August 2017 and November 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 August 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is ELMBANK?

ELMBANK is 167m² according to the EPC inspection conducted in February 2024. This puts it in the largest 50% of detached houses in Crays Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Crays Hill, and where ELMBANK lies on this distribution: 56% of detached houses are smaller than ELMBANK, and 43% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

ELMBANK: Plot and Title Map

ELMBANK sits on a plot of roughly 0.231 of an acre, or 936m². The below map shows the location of ELMBANK, 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 ELMBANK). 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 ELMBANK?

ELMBANK is located on CRAYS HILL ROAD in CRAYS HILL, in the CM11 postcode district. The below map shows the position of ELMBANK on CRAYS HILL ROAD.