42, MARGARITE WAY, WICKFORD, SS12 0ER - £520,000

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

42 MARGARITE WAY is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £520,000 in October 2022, which was around 23% below the average October 2022 detached price in the Basildon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.

42 MARGARITE WAY Sold Prices

Land registry data shows two sales for 42 MARGARITE WAY 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 42 MARGARITE WAY 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 26 OCT	£520,000	£675,495	23% below HPI
1995 28 APR	£84,000	£98,506	15% below HPI

42 MARGARITE 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 two 42 MARGARITE WAY sales from April 1995 and October 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 April 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 42 MARGARITE WAY?

42 MARGARITE WAY is 111m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 42 MARGARITE WAY lies on this distribution: 50% of detached houses are smaller than 42 MARGARITE WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Wickford.

42 MARGARITE WAY: Plot and Title Map

42 MARGARITE WAY sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 42 MARGARITE 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 42 MARGARITE 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 42 MARGARITE WAY?

42 MARGARITE WAY is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 42 on MARGARITE WAY.