2, LAVENDER WAY, WICKFORD, SS12 0BG - £365,000

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

2 LAVENDER WAY is a very small detached house of 67m², built sometime between 1930 and 1949. It was last sold for £365,000 in December 2020, which was around 39% below the average December 2020 detached price in the Basildon local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

2 LAVENDER WAY Sold Prices

Land registry data shows two sales for 2 LAVENDER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 2 LAVENDER 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 3 DEC	£365,000	£596,199	39% below HPI
1998 9 OCT	£87,000	£130,613	33% below HPI

2 LAVENDER 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 two 2 LAVENDER WAY sales from October 1998 and December 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 October 1998 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 LAVENDER WAY?

2 LAVENDER WAY is 67m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% 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 LAVENDER WAY lies on this distribution: 4% of detached houses are smaller than 2 LAVENDER WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Wickford.

2 LAVENDER WAY: Plot and Title Map

2 LAVENDER WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 2 LAVENDER 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 2 LAVENDER 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 2 LAVENDER WAY?

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