61, TRESCO WAY, WICKFORD, SS12 9GP - £470,000

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

61 TRESCO WAY is a midsized extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £470,000 in January 2021, which was around 20% below the average January 2021 detached price in the Basildon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

61 TRESCO WAY Sold Prices

Land registry data shows two sales for 61 TRESCO 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. One of the two 61 TRESCO WAY sales was for below the average price, whilst the other was for above 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
2021 20 JAN	£470,000	£590,419	20% below HPI
2001 27 APR	£183,750	£177,341	4% above HPI

61 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 two 61 TRESCO WAY sales from April 2001 and January 2021 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 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 61 TRESCO WAY?

61 TRESCO WAY is 115m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 61 TRESCO WAY lies on this distribution: 57% of detached houses are smaller than 61 TRESCO WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Wickford.

61 TRESCO WAY: Plot and Title Map

61 TRESCO WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 61 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 61 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 61 TRESCO WAY?

61 TRESCO WAY is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 61 on TRESCO WAY.