11, MURRAY WAY, WICKFORD, SS12 9SB - £473,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 MURRAY WAY is a large detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £538,960. It was last sold for £473,000 in August 2020, which was around 18% below the average August 2020 detached price in the Basildon local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

11 MURRAY WAY Sold Prices

Land registry data shows four sales for 11 MURRAY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the four 11 MURRAY WAY 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
2020 28 AUG	£473,000	£575,456	18% below HPI
2017 31 JAN	£470,000	£539,742	13% below HPI
2012 22 OCT	£315,000	£356,151	12% below HPI
2005 17 JUN	£320,000	£309,569	3% above HPI

11 MURRAY WAY 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 four 11 MURRAY WAY sales between June 2005 and August 2020 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 January 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 11 MURRAY WAY be worth now?

11 MURRAY WAY might now be worth an estimated £538,960.

This is based on house price inflation of 13.9%, between August 2020 and December 2024, 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 13.9% inflationary increase is applied to the most recent sale price for 11 MURRAY WAY of £473,000 on 28th August 2020. For the value to have increased from £473,000 to £538,960 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 11 MURRAY WAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The August 2020 sale price of £473,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MURRAY WAY has not materially changed since August 2020.

How Large is 11 MURRAY WAY?

11 MURRAY WAY is 118m² according to the EPC inspection conducted in May 2012. This puts it in the largest 40% 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 MURRAY WAY lies on this distribution: 61% of detached houses houses are smaller than 11 MURRAY WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Wickford.

11 MURRAY WAY: Plot and Title Map

11 MURRAY WAY sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 11 MURRAY WAY, 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 MURRAY WAY). 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 MURRAY WAY?

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