5, CARPENTER CLOSE, BILLERICAY, CM12 0EA - £278,000

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.

5 CARPENTER CLOSE is a terraced house, which could now be worth an estimated £542,769. It was last sold for £278,000 in July 2007, which was around 74% above the average July 2007 terraced price in the Basildon local authority area.

5 CARPENTER CLOSE Sold Prices

Land registry data shows two sales for 5 CARPENTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. Both of the two 5 CARPENTER CLOSE 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
2007 20 JUL	£278,000	£159,350	74% above HPI
1997 26 SEP	£95,000	£48,416	96% above HPI

What might 5 CARPENTER CLOSE be worth now?

5 CARPENTER CLOSE might now be worth an estimated £542,769.

This is based on house price inflation of 95.2%, between July 2007 and May 2026, for terraced 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 95.2% inflationary increase is applied to the most recent sale price for 5 CARPENTER CLOSE of £278,000 on 20th July 2007. For the value to have increased from £278,000 to £542,769 over the nineteen years and two months to May 2026, the following assumptions must hold true:

• The value of 5 CARPENTER CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The July 2007 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CARPENTER CLOSE has not materially changed since July 2007.

Where is 5 CARPENTER CLOSE?

5 CARPENTER CLOSE is located in BILLERICAY, in the CM12 postcode district.