15, PEBMARSH DRIVE, WICKFORD, SS12 9AU - £270,000

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.

15 PEBMARSH DRIVE is a very small detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £316,950. It was last sold for £270,000 in January 2019, which was around 52% below the average January 2019 detached price in the Basildon local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

15 PEBMARSH DRIVE Sold Prices

Land registry data shows five sales for 15 PEBMARSH DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the five 15 PEBMARSH 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
2019 11 JAN	£270,000	£561,562	52% below HPI
2005 16 DEC	£158,000	£311,312	49% below HPI
2000 18 JUN	£75,000	£166,722	55% below HPI
1999 5 MAR	£59,000	£129,823	55% below HPI
1997 28 APR	£50,000	£107,276	53% below HPI

15 PEBMARSH DRIVE 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 five 15 PEBMARSH DRIVE sales between April 1997 and January 2019 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 2005 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2019 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 15 PEBMARSH DRIVE be worth now?

15 PEBMARSH DRIVE might now be worth an estimated £316,950.

This is based on house price inflation of 17.4%, between January 2019 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 17.4% inflationary increase is applied to the most recent sale price for 15 PEBMARSH DRIVE of £270,000 on 11th January 2019. For the value to have increased from £270,000 to £316,950 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 PEBMARSH DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The January 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PEBMARSH DRIVE has not materially changed since January 2019.

How Large is 15 PEBMARSH DRIVE?

15 PEBMARSH DRIVE is 56m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% 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 15 PEBMARSH DRIVE lies on this distribution: 1% of detached houses houses are smaller than 15 PEBMARSH DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wickford.

15 PEBMARSH DRIVE: Plot and Title Map

15 PEBMARSH DRIVE sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 15 PEBMARSH 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 15 PEBMARSH 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.

Where is 15 PEBMARSH DRIVE?

15 PEBMARSH DRIVE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 15 on PEBMARSH DRIVE.