28, MONARCH CLOSE, WICKFORD, SS11 8GF - £445,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 MONARCH CLOSE is a midsized detached house of 112m², which could now be worth an estimated £476,173. It was last sold for £445,000 in October 2021, which was around 28% below the average October 2021 detached price in the Basildon local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

28 MONARCH CLOSE Sold Prices

Land registry data shows two sales for 28 MONARCH CLOSE 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 28 MONARCH CLOSE 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
2021 15 OCT	£445,000	£616,056	28% below HPI
2015 21 DEC	£325,000	£471,242	31% below HPI

28 MONARCH CLOSE 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 28 MONARCH CLOSE sales from December 2015 and October 2021 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 December 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 28 MONARCH CLOSE be worth now?

28 MONARCH CLOSE might now be worth an estimated £476,173.

This is based on house price inflation of 7%, between October 2021 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 7% inflationary increase is applied to the most recent sale price for 28 MONARCH CLOSE of £445,000 on 15th October 2021. For the value to have increased from £445,000 to £476,173 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 28 MONARCH CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 2021 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MONARCH CLOSE has not materially changed since October 2021.

How Large is 28 MONARCH CLOSE?

28 MONARCH CLOSE is 112m² according to the EPC inspection conducted in December 2015. This puts it in the largest 50% 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 28 MONARCH CLOSE lies on this distribution: 52% of detached houses houses are smaller than 28 MONARCH CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Wickford.

28 MONARCH CLOSE: Plot and Title Map

28 MONARCH CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 28 MONARCH CLOSE, 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 28 MONARCH CLOSE). 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 28 MONARCH CLOSE?

28 MONARCH CLOSE is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 28 on MONARCH CLOSE.