THE WILLOWS, CRAYS HILL ROAD, CRAYS HILL, BILLERICAY, CM11 2YP - £695,000

THE WILLOWS is a midsized detached house of 167m², built in 2021. It was last sold for £695,000 in February 2023, which was around 2% above the average February 2023 detached price in the Basildon local authority area. The most recent EPC inspection was January 2023, where the current energy rating was B, and the potential energy rating was A.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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. One of the two THE WILLOWS sales was for above the average price, whilst the other 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
2023 24 FEB	£695,000	£681,683	2% above HPI
2021 8 JUN	£320,000	£587,524	46% below HPI

THE WILLOWS 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 THE WILLOWS sales from June 2021 and February 2023 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 June 2021 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 167m² according to the EPC inspection conducted in January 2023. This puts it in the largest 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 WILLOWS lies on this distribution: 56% of detached houses are smaller than THE WILLOWS, and 43% of houses are larger. Note that EPC data is not available for all properties in Crays Hill.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.276 of an acre, or 1,116m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

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