FAIRVIEW, OAK ROAD, CRAYS HILL, BILLERICAY, CM11 2YG - £975,000

FAIRVIEW is a large extended detached house of 184m², built sometime between 1930 and 1949. It was last sold for £975,000 in July 2023, which was around 52% above the average July 2023 detached price in the Basildon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

FAIRVIEW Sold Prices

Land registry data shows three sales for FAIRVIEW 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 FAIRVIEW 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
2023 31 JUL	£975,000	£641,801	52% above HPI
2016 24 JUN	£580,000	£496,602	17% above HPI
1995 10 NOV	£192,000	£100,782	91% above HPI

FAIRVIEW 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 FAIRVIEW sales between November 1995 and July 2023 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 June 2016 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2023 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is FAIRVIEW?

FAIRVIEW is 184m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 40% 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 FAIRVIEW lies on this distribution: 69% of detached houses are smaller than FAIRVIEW, and 30% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.933 of an acre, or 3,777m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

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