1, OLDWYK, BASILDON, SS16 4NU - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 OLDWYK is a small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £225,000 in June 2021, which was around 62% below the average June 2021 detached price in the Basildon local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

1 OLDWYK Sold Prices

Land registry data shows three sales for 1 OLDWYK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 1 OLDWYK 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 28 JUN	£225,000	£587,524	62% below HPI
2015 10 DEC	£204,000	£468,307	56% below HPI
2014 8 SEP	£167,500	£404,226	59% below HPI

1 OLDWYK 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 three 1 OLDWYK sales between September 2014 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 2015 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2021 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 1 OLDWYK?

1 OLDWYK is 95m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 1 OLDWYK lies on this distribution: 25% of detached houses are smaller than 1 OLDWYK, and 74% of houses are larger. Note that EPC data is not available for all properties in Basildon.

1 OLDWYK: Plot and Title Map

1 OLDWYK sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 1 OLDWYK, 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 1 OLDWYK). 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 1 OLDWYK?

1 OLDWYK is located in BASILDON, in the SS16 postcode district. The below map shows the position of No. 1 on OLDWYK.