23, FARNE DRIVE, WICKFORD, SS12 9GY - £435,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 FARNE DRIVE is a small detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £511,330. It was last sold for £435,000 in December 2018, which was around 22% below the average December 2018 detached price in the Basildon local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

23 FARNE DRIVE Sold Prices

Land registry data shows five sales for 23 FARNE DRIVE 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 23 FARNE DRIVE 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
2018 11 DEC	£435,000	£560,807	22% below HPI
2012 30 NOV	£295,000	£353,083	16% below HPI
2011 28 SEP	£285,000	£348,381	18% below HPI
2007 25 MAY	£302,000	£332,460	9% below HPI
2001 25 MAY	£167,500	£182,445	8% below HPI

23 FARNE 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 five 23 FARNE DRIVE sales between May 2001 and December 2018 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 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 23 FARNE DRIVE be worth now?

23 FARNE DRIVE might now be worth an estimated £511,330.

This is based on house price inflation of 17.5%, between December 2018 and February 2025, for 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 17.5% inflationary increase is applied to the most recent sale price for 23 FARNE DRIVE of £435,000 on 11th December 2018. For the value to have increased from £435,000 to £511,330 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 FARNE DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2018 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 23 FARNE DRIVE has not materially changed since December 2018.

How Large is 23 FARNE DRIVE?

23 FARNE DRIVE is 94m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wickford, and where 23 FARNE DRIVE lies on this distribution: 31% of detached houses houses are smaller than 23 FARNE DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Wickford.

23 FARNE DRIVE: Plot and Title Map

23 FARNE DRIVE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 23 FARNE 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 23 FARNE 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 23 FARNE DRIVE?

23 FARNE DRIVE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 23 on FARNE DRIVE.