THE RETREAT, OAK ROAD, CRAYS HILL, BILLERICAY, CM11 2YQ - £200,000

THE RETREAT is a midsized extended detached house of 153m², built sometime between 1930 and 1949. It was last sold for £200,000 in April 2021, which was around 65% below the average April 2021 detached price in the Basildon local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

THE RETREAT Sold Prices

Land registry data shows four sales for THE RETREAT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. two of the four THE RETREAT sales were for below the average price, and four 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
2021 30 APR	£200,000	£578,458	65% below HPI
2009 1 MAY	£149,419	£302,432	51% below HPI
1999 19 APR	£170,000	£129,666	31% above HPI
1995 2 OCT	£135,000	£98,825	37% above HPI

THE RETREAT 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 four THE RETREAT sales between October 1995 and April 2021 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 2009 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the April 2021 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is THE RETREAT?

THE RETREAT is 153m², which includes four extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% 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 THE RETREAT lies on this distribution: 48% of detached houses are smaller than THE RETREAT, and 50% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.759 of an acre, or 3,072m². The below map shows the location of THE RETREAT, 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 THE RETREAT). 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 THE RETREAT?

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