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
16 WAKEFIELD AVENUE is a small extended detached house of 119m², built sometime between 1976 and 1982. It was last sold for £777,000 in July 2023, which was around 21% above the average July 2023 detached price in the Basildon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 16 WAKEFIELD AVENUE since 1st 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. All of the four 16 WAKEFIELD AVENUE sales were for above 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 |
---|---|---|---|
2023 25 JUL | £777,000 | £643,720 | 21% above HPI |
2017 7 JUL | £580,000 | £543,408 | 7% above HPI |
2005 28 JUL | £316,400 | £308,681 | 3% above HPI |
1998 22 SEP | £130,000 | £128,103 | 1% above HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The four 16 WAKEFIELD AVENUE sales between September 1998 and July 2023 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 July 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2023 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.
16 WAKEFIELD AVENUE is 119m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 16 WAKEFIELD AVENUE lies on this distribution: 34% of detached houses are smaller than 16 WAKEFIELD AVENUE, and 66% of houses are larger. Note that EPC data is not available for all properties in Billericay.
16 WAKEFIELD AVENUE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 16 WAKEFIELD AVENUE, 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 16 WAKEFIELD AVENUE). 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.
16 WAKEFIELD AVENUE is located in BILLERICAY, in the CM12 postcode district. The below map shows the position of No. 16 on WAKEFIELD AVENUE.