5, FRERICHS CLOSE, WICKFORD, SS12 9QD - £530,000

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

5 FRERICHS CLOSE is a large detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £535,119. It was last sold for £530,000 in September 2024, which was around 19% below the average September 2024 detached price in the Basildon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

5 FRERICHS CLOSE Sold Prices

Land registry data shows five sales for 5 FRERICHS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the five 5 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
2024 30 SEP	£530,000	£652,906	19% below HPI
2004 24 SEP	£278,000	£313,335	11% below HPI
2002 30 OCT	£240,000	£248,728	4% below HPI
2001 27 APR	£180,250	£178,452	1% above HPI
1995 19 DEC	£109,950	£100,504	9% above HPI

5 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 five 5 FRERICHS CLOSE sales between December 1995 and September 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 September 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2024 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 FRERICHS CLOSE be worth now?

5 FRERICHS CLOSE might now be worth an estimated £535,119.

This is based on house price inflation of 1%, between September 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 1% inflationary increase is applied to the most recent sale price for 5 FRERICHS CLOSE of £530,000 on 30th September 2024. For the value to have increased from £530,000 to £535,119 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 5 FRERICHS CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The September 2024 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FRERICHS CLOSE has not materially changed since September 2024.

How Large is 5 FRERICHS CLOSE?

5 FRERICHS CLOSE is 125m² according to the EPC inspection conducted in June 2023. This puts it in the largest 30% 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 5 FRERICHS CLOSE lies on this distribution: 70% of detached houses houses are smaller than 5 FRERICHS CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Wickford.

5 FRERICHS CLOSE: Plot and Title Map

5 FRERICHS CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 5 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 5 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 5 FRERICHS CLOSE?

5 FRERICHS CLOSE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 5 on FRERICHS CLOSE.