MEAD GATE, SOUTHEND ROAD, BILLERICAY, CM11 2PT - £410,000

MEAD GATE is a midsized detached house of 134m², built sometime between 1996 and 2002. It was last sold for £410,000 in December 2014, which was around 1% above the average December 2014 detached price in the Basildon local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

MEAD GATE Sold Prices

Land registry data shows three sales for MEAD GATE 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. Two of the three MEAD GATE sales were for above the average price, whilst one was 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
2014 19 DEC	£410,000	£407,731	1% above HPI
1997 30 JUL	£155,000	£110,905	40% above HPI
1996 7 NOV	£45,000	£105,618	57% below HPI

MEAD GATE 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 MEAD GATE sales between November 1996 and December 2014 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 July 1997 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the December 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is MEAD GATE?

MEAD GATE is 134m² according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where MEAD GATE lies on this distribution: 51% of detached houses are smaller than MEAD GATE, and 49% of houses are larger. Note that EPC data is not available for all properties in Billericay.

MEAD GATE: Plot and Title Map

MEAD GATE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of MEAD GATE, 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 MEAD GATE). 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 MEAD GATE?

MEAD GATE is located on SOUTHEND ROAD in BILLERICAY, in the CM11 postcode district. The below map shows the position of MEAD GATE on SOUTHEND ROAD.