5, WALLACE DRIVE, WICKFORD, SS12 9NA - £390,000

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

5 WALLACE DRIVE is a midsized detached house of 108m², built sometime between 1991 and 1995. It was last sold for £390,000 in August 2017, which was around 29% below the average August 2017 detached price in the Basildon local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

5 WALLACE DRIVE Sold Prices

Land registry data shows three sales for 5 WALLACE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 5 WALLACE 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
2017 11 AUG	£390,000	£548,705	29% below HPI
1999 23 SEP	£105,000	£141,501	26% below HPI
1996 2 APR	£80,000	£97,851	18% below HPI

5 WALLACE 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 three 5 WALLACE DRIVE sales between April 1996 and August 2017 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 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 WALLACE DRIVE?

5 WALLACE DRIVE is 108m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 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 5 WALLACE DRIVE lies on this distribution: 48% of detached houses are smaller than 5 WALLACE DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Wickford.

5 WALLACE DRIVE: Plot and Title Map

5 WALLACE DRIVE sits on a plot of roughly 0.055 of an acre, or 225m². The below map shows the location of 5 WALLACE 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 5 WALLACE 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 5 WALLACE DRIVE?

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