23, MELVILLE DRIVE, WICKFORD, SS12 9FE - £575,000

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

23 MELVILLE DRIVE is a large detached house of 129m², built sometime between 1996 and 2002. It was last sold for £575,000 in November 2023, which was around 13% below the average November 2023 detached price in the Basildon local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

23 MELVILLE DRIVE Sold Prices

Land registry data shows three sales for 23 MELVILLE 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 23 MELVILLE 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
2023 28 NOV	£575,000	£662,003	13% below HPI
2007 27 JUN	£310,000	£332,347	7% below HPI
1999 28 JAN	£134,995	£133,539	1% above HPI

23 MELVILLE 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 23 MELVILLE DRIVE sales between January 1999 and November 2023 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 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 23 MELVILLE DRIVE?

23 MELVILLE DRIVE is 129m² according to the EPC inspection conducted in August 2023. 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 23 MELVILLE DRIVE lies on this distribution: 74% of detached houses are smaller than 23 MELVILLE DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Wickford.

23 MELVILLE DRIVE: Plot and Title Map

23 MELVILLE DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 23 MELVILLE 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 MELVILLE 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 MELVILLE DRIVE?

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