3, MACGREGOR DRIVE, WICKFORD, SS12 9PH - £397,500

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

3 MACGREGOR DRIVE is a large extended detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £521,583. It was last sold for £397,500 in June 2016, which was around 20% below the average June 2016 detached price in the Basildon local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

3 MACGREGOR DRIVE Sold Prices

Land registry data shows two sales for 3 MACGREGOR DRIVE 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. One of the two 3 MACGREGOR DRIVE sales was for below the average price, whilst the other 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
2016 3 JUN	£397,500	£499,714	20% below HPI
1996 27 SEP	£112,110	£105,043	7% above HPI

3 MACGREGOR 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 two 3 MACGREGOR DRIVE sales from September 1996 and June 2016 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 September 1996 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 3 MACGREGOR DRIVE be worth now?

3 MACGREGOR DRIVE might now be worth an estimated £521,583.

This is based on house price inflation of 31.2%, between June 2016 and December 2024, 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 31.2% inflationary increase is applied to the most recent sale price for 3 MACGREGOR DRIVE of £397,500 on 3rd June 2016. For the value to have increased from £397,500 to £521,583 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 3 MACGREGOR DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2016 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MACGREGOR DRIVE has not materially changed since June 2016.

How Large is 3 MACGREGOR DRIVE?

3 MACGREGOR DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% 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 3 MACGREGOR DRIVE lies on this distribution: 70% of detached houses houses are smaller than 3 MACGREGOR DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Wickford.

3 MACGREGOR DRIVE: Plot and Title Map

3 MACGREGOR DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 3 MACGREGOR 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 MACGREGOR 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 MACGREGOR DRIVE?

3 MACGREGOR DRIVE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 3 on MACGREGOR DRIVE.