3, MURRAY WAY, WICKFORD, SS12 9SB - £475,000

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 MURRAY WAY is a large detached house of 118m², built sometime between 1996 and 2002. It was last sold for £475,000 in June 2019, which was around 13% below the average June 2019 detached price in the Basildon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

3 MURRAY WAY Sold Prices

Land registry data shows three sales for 3 MURRAY WAY 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 3 MURRAY WAY 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
2019 24 JUN	£475,000	£542,871	13% below HPI
2014 31 OCT	£360,000	£404,109	11% below HPI
2001 28 SEP	£197,995	£196,659	1% above HPI

3 MURRAY WAY 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 MURRAY WAY sales between September 2001 and June 2019 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 October 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 MURRAY WAY?

3 MURRAY WAY is 118m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses by size in Wickford, and where 3 MURRAY WAY lies on this distribution: 61% of detached houses are smaller than 3 MURRAY WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Wickford.

3 MURRAY WAY: Plot and Title Map

3 MURRAY WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 3 MURRAY WAY, 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 MURRAY WAY). 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 MURRAY WAY?

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