4, NORTH WEALD CLOSE, WICKFORD, SS11 8XP - £375,000

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

4 NORTH WEALD CLOSE is a small extended detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £432,917. It was last sold for £375,000 in June 2020, which was around 34% below the average June 2020 detached price in the Basildon local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

4 NORTH WEALD CLOSE Sold Prices

Land registry data shows two sales for 4 NORTH WEALD 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 NORTH WEALD 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
2020 4 JUN	£375,000	£567,982	34% below HPI
1999 17 DEC	£100,000	£148,467	33% below HPI

4 NORTH WEALD 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 NORTH WEALD CLOSE sales from December 1999 and June 2020 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 December 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 4 NORTH WEALD CLOSE be worth now?

4 NORTH WEALD CLOSE might now be worth an estimated £432,917.

This is based on house price inflation of 15.4%, between June 2020 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 15.4% inflationary increase is applied to the most recent sale price for 4 NORTH WEALD CLOSE of £375,000 on 4th June 2020. For the value to have increased from £375,000 to £432,917 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 4 NORTH WEALD CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NORTH WEALD CLOSE has not materially changed since June 2020.

How Large is 4 NORTH WEALD CLOSE?

4 NORTH WEALD CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% 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 4 NORTH WEALD CLOSE lies on this distribution: 39% of detached houses houses are smaller than 4 NORTH WEALD CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Wickford.

4 NORTH WEALD CLOSE: Plot and Title Map

4 NORTH WEALD CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 4 NORTH WEALD 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 NORTH WEALD 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 NORTH WEALD CLOSE?

4 NORTH WEALD CLOSE is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 4 on NORTH WEALD CLOSE.