Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 WHEATFIELD WAY is a large extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £412,000 in July 2019, which was around 25% below the average July 2019 detached price in the Basildon local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 WHEATFIELD WAY since 1st 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 WHEATFIELD 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 |
---|---|---|---|
2019 31 JUL | £412,000 | £551,750 | 25% below HPI |
2005 19 OCT | £250,000 | £311,700 | 20% below HPI |
1995 15 SEP | £80,000 | £98,107 | 18% below HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The three 5 WHEATFIELD WAY sales between September 1995 and July 2019 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 October 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
5 WHEATFIELD WAY is 124m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 40% of detached houses in Basildon, based on EPC data. The below chart shows the distribution of detached houses by size in Basildon, and where 5 WHEATFIELD WAY lies on this distribution: 62% of detached houses are smaller than 5 WHEATFIELD WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Basildon.
5 WHEATFIELD WAY sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 5 WHEATFIELD 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 5 WHEATFIELD 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.
5 WHEATFIELD WAY is located in LANGDON HILLS, in the SS16 postcode district. The below map shows the position of No. 5 on WHEATFIELD WAY.