3, NIVEN CLOSE, WICKFORD, SS12 9QJ - £400,000

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 NIVEN CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £400,000 in January 2024, which was around 40% below the average January 2024 detached price in the Basildon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

3 NIVEN CLOSE Sold Prices

Land registry data shows two sales for 3 NIVEN 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 3 NIVEN 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
2024 26 JAN	£400,000	£667,878	40% below HPI
1997 15 AUG	£88,450	£112,914	22% below HPI

3 NIVEN 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 3 NIVEN CLOSE sales from August 1997 and January 2024 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 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 NIVEN CLOSE?

3 NIVEN CLOSE is 74m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% 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 NIVEN CLOSE lies on this distribution: 8% of detached houses are smaller than 3 NIVEN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Wickford.

3 NIVEN CLOSE: Plot and Title Map

3 NIVEN CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 3 NIVEN 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 3 NIVEN 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 3 NIVEN CLOSE?

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