11, BALFOUR CLOSE, WICKFORD, SS12 9QA - £460,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 BALFOUR CLOSE is a midsized detached house of 109m², built sometime between 1991 and 1995, which could now be worth an estimated £564,815. It was last sold for £460,000 in December 2016, which was around 14% below the average December 2016 detached price in the Basildon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

11 BALFOUR CLOSE Sold Prices

Land registry data shows three sales for 11 BALFOUR CLOSE 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 11 BALFOUR CLOSE 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
2016 20 DEC	£460,000	£536,879	14% below HPI
2003 25 NOV	£238,000	£283,141	16% below HPI
1996 23 MAY	£90,000	£98,759	9% below HPI

11 BALFOUR CLOSE 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 11 BALFOUR CLOSE sales between May 1996 and December 2016 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 November 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 11 BALFOUR CLOSE be worth now?

11 BALFOUR CLOSE might now be worth an estimated £564,815.

This is based on house price inflation of 22.8%, between December 2016 and February 2025, for detached houses, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.8% inflationary increase is applied to the most recent sale price for 11 BALFOUR CLOSE of £460,000 on 20th December 2016. For the value to have increased from £460,000 to £564,815 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 11 BALFOUR CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2016 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 11 BALFOUR CLOSE has not materially changed since December 2016.

How Large is 11 BALFOUR CLOSE?

11 BALFOUR CLOSE is 109m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% of detached houses houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wickford, and where 11 BALFOUR CLOSE lies on this distribution: 47% of detached houses houses are smaller than 11 BALFOUR CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Wickford.

11 BALFOUR CLOSE: Plot and Title Map

11 BALFOUR CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 11 BALFOUR CLOSE, 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 11 BALFOUR CLOSE). 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 11 BALFOUR CLOSE?

11 BALFOUR CLOSE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 11 on BALFOUR CLOSE.