2, LITTLE OAK MEWS, WICKFORD, SS11 8GB - £465,000

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 LITTLE OAK MEWS is a small detached house of 88m², built sometime from 2007 onwards. It was last sold for £465,000 in May 2022, which was around 28% below the average May 2022 detached price in the Basildon local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

2 LITTLE OAK MEWS Sold Prices

Land registry data shows three sales for 2 LITTLE OAK MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 2 LITTLE OAK MEWS 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
2022 26 MAY	£465,000	£641,439	28% below HPI
2014 11 NOV	£325,000	£404,422	20% below HPI
2007 5 APR	£301,140	£326,936	8% below HPI

2 LITTLE OAK MEWS 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 three 2 LITTLE OAK MEWS sales between April 2007 and May 2022 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 November 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 LITTLE OAK MEWS?

2 LITTLE OAK MEWS is 88m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% 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 LITTLE OAK MEWS lies on this distribution: 24% of detached houses are smaller than 2 LITTLE OAK MEWS, and 75% of houses are larger. Note that EPC data is not available for all properties in Wickford.

2 LITTLE OAK MEWS: Plot and Title Map

2 LITTLE OAK MEWS sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 2 LITTLE OAK MEWS, 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 LITTLE OAK MEWS). 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 LITTLE OAK MEWS?

2 LITTLE OAK MEWS is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 2 on LITTLE OAK MEWS.