FREEDOM, CRAYS HILL ROAD, CRAYS HILL, BILLERICAY, CM11 2YR - £615,000

FREEDOM is a very large detached house of 234m², built sometime between 1976 and 1982. It was last sold for £615,000 in October 2019, which was around 12% above the average October 2019 detached price in the Basildon local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

FREEDOM Sold Prices

Land registry data shows two sales for FREEDOM 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 FREEDOM 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 28 OCT	£615,000	£550,069	12% above HPI
1999 9 AUG	£249,000	£140,766	77% above HPI

FREEDOM 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 FREEDOM sales from August 1999 and October 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 August 1999 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the October 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is FREEDOM?

FREEDOM is 234m² according to the EPC inspection conducted in November 2014. This puts it in the largest 20% 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 FREEDOM lies on this distribution: 82% of detached houses are smaller than FREEDOM, and 17% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

FREEDOM: Plot and Title Map

FREEDOM sits on a plot of roughly 0.385 of an acre, or 1,558m². The below map shows the location of FREEDOM, 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 FREEDOM). 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 FREEDOM?

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