THE WILLOWS, GARDINERS LANE NORTH, CRAYS HILL, BILLERICAY, CM11 2XA - £540,000

THE WILLOWS is a very small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £540,000 in June 2021, which was around 8% below the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

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. Both of the two THE WILLOWS sales were 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
2021 16 JUN	£540,000	£587,524	8% below HPI
2016 1 DEC	£425,000	£533,535	20% 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 December 2016 and June 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 December 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 93m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% 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: 11% of detached houses are smaller than THE WILLOWS, and 88% 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 0.136 of an acre, or 549m². 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 GARDINERS LANE NORTH in CRAYS HILL, in the CM11 postcode district. The below map shows the position of THE WILLOWS on GARDINERS LANE NORTH.