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
101 MELVILLE DRIVE is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £260,000 in May 2008, which was around 27% below the average May 2008 detached price in the Basildon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 101 MELVILLE DRIVE since 1st 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 101 MELVILLE DRIVE 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 |
---|---|---|---|
2008 9 MAY | £260,000 | £353,905 | 27% below HPI |
2002 10 MAY | £165,000 | £218,605 | 25% below HPI |
1999 6 AUG | £112,000 | £140,766 | 20% below HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The three 101 MELVILLE DRIVE sales between August 1999 and May 2008 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 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2008 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
101 MELVILLE DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses by size in Wickford, and where 101 MELVILLE DRIVE lies on this distribution: 38% of detached houses are smaller than 101 MELVILLE DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Wickford.
101 MELVILLE DRIVE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 101 MELVILLE DRIVE, 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 101 MELVILLE DRIVE). 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.
101 MELVILLE DRIVE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 101 on MELVILLE DRIVE.