2, ELDER AVENUE, WICKFORD, SS12 0LU - £405,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 ELDER AVENUE is a large detached house of 120m², built sometime between 1950 and 1966. It was last sold for £405,000 in November 2020, which was around 32% below the average November 2020 detached price in the Basildon local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

2 ELDER AVENUE Sold Prices

Land registry data shows five sales for 2 ELDER AVENUE 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 2 ELDER AVENUE 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 6 NOV	£405,000	£593,186	32% below HPI
2017 14 JUN	£400,000	£544,504	27% below HPI
2007 26 JAN	£247,500	£327,079	24% below HPI
2004 14 JAN	£225,000	£285,213	21% below HPI
2002 7 JAN	£85,000	£208,037	59% below HPI

2 ELDER AVENUE 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 2 ELDER AVENUE sales between January 2002 and November 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 June 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 ELDER AVENUE?

2 ELDER AVENUE is 120m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses by size in Wickford, and where 2 ELDER AVENUE lies on this distribution: 64% of detached houses are smaller than 2 ELDER AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Wickford.

2 ELDER AVENUE: Plot and Title Map

2 ELDER AVENUE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 2 ELDER 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 2 ELDER 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.

Where is 2 ELDER AVENUE?

2 ELDER AVENUE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 2 on ELDER AVENUE.