51, TRESCO WAY, WICKFORD, SS12 9GP - £485,000

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

51 TRESCO WAY is a midsized detached house of 110m², built sometime between 2003 and 2006. It was last sold for £485,000 in October 2020, which was around 18% below the average October 2020 detached price in the Basildon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

51 TRESCO WAY Sold Prices

Land registry data shows four sales for 51 TRESCO WAY 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 51 TRESCO 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
2020 1 OCT	£485,000	£588,547	18% below HPI
2009 11 DEC	£250,000	£321,456	22% below HPI
2002 16 OCT	£239,995	£247,179	3% below HPI
2000 5 JUN	£162,500	£165,684	2% below HPI

51 TRESCO 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 four 51 TRESCO WAY sales between June 2000 and October 2020 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 December 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 51 TRESCO WAY?

51 TRESCO WAY is 110m² according to the EPC inspection conducted in July 2020. 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 51 TRESCO WAY lies on this distribution: 49% of detached houses are smaller than 51 TRESCO WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Wickford.

51 TRESCO WAY: Plot and Title Map

51 TRESCO WAY sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 51 TRESCO 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 51 TRESCO 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 51 TRESCO WAY?

51 TRESCO WAY is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 51 on TRESCO WAY.