3, JUBILEE DRIVE, WICKFORD, SS11 7AR - £455,000

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

3 JUBILEE DRIVE is a small extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £455,000 in June 2023, which was around 29% below the average June 2023 detached price in the Basildon local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

3 JUBILEE DRIVE Sold Prices

Land registry data shows three sales for 3 JUBILEE 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. All of the three 3 JUBILEE 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
2023 29 JUN	£455,000	£639,665	29% below HPI
2004 17 MAR	£225,000	£292,518	23% below HPI
1997 24 JAN	£94,000	£108,892	14% below HPI

3 JUBILEE 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 3 JUBILEE DRIVE sales between January 1997 and June 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 March 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 JUBILEE DRIVE?

3 JUBILEE DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses by size in Runwell, and where 3 JUBILEE DRIVE lies on this distribution: 22% of detached houses are smaller than 3 JUBILEE DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Runwell.

3 JUBILEE DRIVE: Plot and Title Map

3 JUBILEE DRIVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 3 JUBILEE 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 3 JUBILEE 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 3 JUBILEE DRIVE?

3 JUBILEE DRIVE is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 3 on JUBILEE DRIVE.