REDWOOD HOUSE, POTASH ROAD, BILLERICAY, CM11 1HG - £1,400,000

REDWOOD HOUSE is a very large extended detached house of 296m², built sometime between 1976 and 1982. It was last sold for £1,400,000 in February 2016, which was around 192% above the average February 2016 detached price in the Basildon local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

REDWOOD HOUSE Sold Prices

Land registry data shows two sales for REDWOOD HOUSE 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 REDWOOD HOUSE 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
2016 24 FEB	£1,400,000	£480,128	192% above HPI
2013 22 AUG	£1,400,000	£355,382	294% above HPI

REDWOOD HOUSE 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 REDWOOD HOUSE sales from August 2013 and February 2016 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 2013 sale was for 294% above the HPI. So the extrapolation line tracks at 294% above the HPI over time, until the February 2016 sale, where it falls to 192% above the HPI. The line then continues to track at 192% above the HPI.

How Large is REDWOOD HOUSE?

REDWOOD HOUSE is 296m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where REDWOOD HOUSE lies on this distribution: 97% of detached houses are smaller than REDWOOD HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Billericay.

REDWOOD HOUSE: Plot and Title Map

REDWOOD HOUSE sits on a plot of roughly 0.530 of an acre, or 2,146m². The below map shows the location of REDWOOD HOUSE, 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 REDWOOD HOUSE). 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 REDWOOD HOUSE?

REDWOOD HOUSE is located on POTASH ROAD in BILLERICAY, in the CM11 postcode district. The below map shows the position of REDWOOD HOUSE on POTASH ROAD.