18, WALLACE DRIVE, WICKFORD, SS12 9LZ - £184,800

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.

18 WALLACE DRIVE is a very small extended semi-detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £397,245. It was last sold for £184,800 in December 2005, which was around 5% below the average December 2005 semi-detached price in the Basildon local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was B.

18 WALLACE DRIVE Sold Prices

Land registry data shows two sales for 18 WALLACE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. One of the two 18 WALLACE DRIVE sales was for below the average price, whilst the other was 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
2005 19 DEC	£184,800	£193,894	5% below HPI
1997 16 JUL	£78,000	£65,522	19% above HPI

18 WALLACE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The two 18 WALLACE DRIVE sales from July 1997 and December 2005 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 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2005 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 18 WALLACE DRIVE be worth now?

18 WALLACE DRIVE might now be worth an estimated £397,245.

This is based on house price inflation of 115%, between December 2005 and February 2025, for semi-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 115% inflationary increase is applied to the most recent sale price for 18 WALLACE DRIVE of £184,800 on 19th December 2005. For the value to have increased from £184,800 to £397,245 over the twenty years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 WALLACE DRIVE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The December 2005 sale price of £184,800 represented a fair market value for the property.
• The size, condition, and specification of 18 WALLACE DRIVE has not materially changed since December 2005.

How Large is 18 WALLACE DRIVE?

18 WALLACE DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in December 2024. This puts it in the smallest 20% of semi-detached houses houses in Wickford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wickford, and where 18 WALLACE DRIVE lies on this distribution: 18% of semi-detached houses houses are smaller than 18 WALLACE DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Wickford.

18 WALLACE DRIVE: Plot and Title Map

18 WALLACE DRIVE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 18 WALLACE 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 18 WALLACE 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 18 WALLACE DRIVE?

18 WALLACE DRIVE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 18 on WALLACE DRIVE.