4, FRERICHS CLOSE, WICKFORD, SS12 9QD - £495,000

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

4 FRERICHS CLOSE is a midsized detached house of 115m², built sometime between 1991 and 1995. It was last sold for £495,000 in May 2022, which was around 23% below the average May 2022 detached price in the Basildon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

4 FRERICHS CLOSE Sold Prices

Land registry data shows two sales for 4 FRERICHS 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 4 FRERICHS 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
2022 27 MAY	£495,000	£641,439	23% below HPI
1995 30 JUN	£97,000	£98,370	1% below HPI

4 FRERICHS 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 4 FRERICHS CLOSE sales from June 1995 and May 2022 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 June 1995 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 FRERICHS CLOSE?

4 FRERICHS CLOSE is 115m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses by size in Wickford, and where 4 FRERICHS CLOSE lies on this distribution: 57% of detached houses are smaller than 4 FRERICHS CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Wickford.

4 FRERICHS CLOSE: Plot and Title Map

4 FRERICHS CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 4 FRERICHS 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 4 FRERICHS 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 4 FRERICHS CLOSE?

4 FRERICHS CLOSE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 4 on FRERICHS CLOSE.