41, FARNE DRIVE, WICKFORD, SS12 9GY - £583,000

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

41 FARNE DRIVE is a midsized detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £583,716. It was last sold for £583,000 in November 2024, which was around 11% below the average November 2024 detached price in the Basildon local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

41 FARNE DRIVE Sold Prices

Land registry data shows four sales for 41 FARNE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 41 FARNE DRIVE 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 29 NOV	£583,000	£658,403	11% below HPI
2021 25 JAN	£515,000	£594,119	13% below HPI
2015 21 MAY	£380,000	£432,308	12% below HPI
2002 28 FEB	£204,000	£211,860	4% below HPI

41 FARNE 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 four 41 FARNE DRIVE sales between February 2002 and November 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 January 2021 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 41 FARNE DRIVE be worth now?

41 FARNE DRIVE might now be worth an estimated £583,716.

This is based on house price inflation of 0.1%, between November 2024 and February 2025, 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 0.1% inflationary increase is applied to the most recent sale price for 41 FARNE DRIVE of £583,000 on 29th November 2024. For the value to have increased from £583,000 to £583,716 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 41 FARNE DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2024 sale price of £583,000 represented a fair market value for the property.
• The size, condition, and specification of 41 FARNE DRIVE has not materially changed since November 2024.

How Large is 41 FARNE DRIVE?

41 FARNE DRIVE is 113m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% 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 41 FARNE DRIVE lies on this distribution: 53% of detached houses houses are smaller than 41 FARNE DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Wickford.

41 FARNE DRIVE: Plot and Title Map

41 FARNE DRIVE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 41 FARNE 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 41 FARNE 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 41 FARNE DRIVE?

41 FARNE DRIVE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 41 on FARNE DRIVE.