2, WALLACE DRIVE, WICKFORD, SS12 9LZ - £325,000

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 WALLACE DRIVE is a large detached house of 128m², built sometime between 1991 and 1995. It was last sold for £325,000 in December 2013, which was around 10% below the average December 2013 detached price in the Basildon local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

2 WALLACE DRIVE Sold Prices

Land registry data shows three sales for 2 WALLACE DRIVE 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. Two of the three 2 WALLACE DRIVE sales were for below the average price, whilst one 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
2013 16 DEC	£325,000	£363,077	10% below HPI
2007 17 AUG	£305,000	£347,198	12% below HPI
1995 17 FEB	£125,000	£98,358	27% above HPI

2 WALLACE DRIVE 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 WALLACE DRIVE sales between February 1995 and December 2013 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 August 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2013 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 WALLACE DRIVE?

2 WALLACE DRIVE is 128m² according to the EPC inspection conducted in July 2013. This puts it in the largest 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 WALLACE DRIVE lies on this distribution: 73% of detached houses are smaller than 2 WALLACE DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wickford.

2 WALLACE DRIVE: Plot and Title Map

2 WALLACE DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 2 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 2 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 2 WALLACE DRIVE?

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