25, LEASWAY, WICKFORD, SS12 0HF - £390,000

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

25 LEASWAY is a very small detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £388,661. It was last sold for £390,000 in April 2023, which was around 41% below the average April 2023 detached price in the Basildon local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was C.

25 LEASWAY Sold Prices

Land registry data shows two sales for 25 LEASWAY 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 25 LEASWAY 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
2023 27 APR	£390,000	£661,483	41% below HPI
2002 9 AUG	£158,000	£242,900	35% below HPI

25 LEASWAY 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 25 LEASWAY sales from August 2002 and April 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 August 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 25 LEASWAY be worth now?

25 LEASWAY might now be worth an estimated £388,661.

This is based on house price deflation of 0.3%, between April 2023 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 0.3% deflationary decrease is applied to the most recent sale price for 25 LEASWAY of £390,000 on 27th April 2023. For the value to have decreased from £390,000 to £388,661 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 25 LEASWAY has moved in line with the HPI for detached houses in the Basildon local authority area.
• The April 2023 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 25 LEASWAY has not materially changed since April 2023.

How Large is 25 LEASWAY?

25 LEASWAY is 59m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% 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 25 LEASWAY lies on this distribution: 2% of detached houses houses are smaller than 25 LEASWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Wickford.

25 LEASWAY: Plot and Title Map

25 LEASWAY sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 25 LEASWAY, 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 25 LEASWAY). 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 25 LEASWAY?

25 LEASWAY is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 25 on LEASWAY.