PADDOCK VIEW, MATTHEWS MEAD, BILLERICAY, CM11 2ZD - £626,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PADDOCK VIEW is a large detached house of 183m², built sometime between 2003 and 2006, which could now be worth an estimated £742,868. It was last sold for £626,000 in August 2019, which was around 12% above the average August 2019 detached price in the Basildon local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

PADDOCK VIEW Sold Prices

Land registry data shows two sales for PADDOCK VIEW 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 PADDOCK VIEW 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 9 AUG	£626,000	£558,376	12% above HPI
2003 2 MAY	£480,000	£275,468	74% above HPI

PADDOCK VIEW 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 PADDOCK VIEW sales from May 2003 and August 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 May 2003 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the August 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might PADDOCK VIEW be worth now?

PADDOCK VIEW might now be worth an estimated £742,868.

This is based on house price inflation of 18.7%, between August 2019 and March 2025, for detached houses, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.7% inflationary increase is applied to the most recent sale price for PADDOCK VIEW of £626,000 on 9th August 2019. For the value to have increased from £626,000 to £742,868 over the six years and five months to March 2025, the following assumptions must hold true:

• The value of PADDOCK VIEW has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2019 sale price of £626,000 represented a fair market value for the property.
• The size, condition, and specification of PADDOCK VIEW has not materially changed since August 2019.

How Large is PADDOCK VIEW?

PADDOCK VIEW is 183m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses houses in Crays Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crays Hill, and where PADDOCK VIEW lies on this distribution: 67% of detached houses houses are smaller than PADDOCK VIEW, and 33% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

PADDOCK VIEW: Plot and Title Map

PADDOCK VIEW sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of PADDOCK VIEW, 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 PADDOCK VIEW). 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 PADDOCK VIEW?

PADDOCK VIEW is located on MATTHEWS MEAD in BILLERICAY, in the CM11 postcode district. The below map shows the position of PADDOCK VIEW on MATTHEWS MEAD.