62, TWINSTEAD, WICKFORD, SS12 9RE - £495,000

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

62 TWINSTEAD is a small detached house of 90m², built sometime between 2007 and 2011, which could now be worth an estimated £474,441. It was last sold for £495,000 in November 2022, which was around 28% below the average November 2022 detached price in the Basildon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

62 TWINSTEAD Sold Prices

Land registry data shows three sales for 62 TWINSTEAD 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 62 TWINSTEAD 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
2022 28 NOV	£495,000	£684,117	28% below HPI
2014 30 JUN	£290,000	£388,715	25% below HPI
2007 19 NOV	£295,000	£355,589	17% below HPI

62 TWINSTEAD 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 62 TWINSTEAD sales between November 2007 and November 2022 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 June 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 62 TWINSTEAD be worth now?

62 TWINSTEAD might now be worth an estimated £474,441.

This is based on house price deflation of 4.2%, between November 2022 and December 2024, 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 4.2% deflationary decrease is applied to the most recent sale price for 62 TWINSTEAD of £495,000 on 28th November 2022. For the value to have decreased from £495,000 to £474,441 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 62 TWINSTEAD has moved in line with the HPI for detached houses in the Basildon local authority area.
• The November 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 62 TWINSTEAD has not materially changed since November 2022.

How Large is 62 TWINSTEAD?

62 TWINSTEAD is 90m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 62 TWINSTEAD lies on this distribution: 26% of detached houses houses are smaller than 62 TWINSTEAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Wickford.

62 TWINSTEAD: Plot and Title Map

62 TWINSTEAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 62 TWINSTEAD, 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 62 TWINSTEAD). 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 62 TWINSTEAD?

62 TWINSTEAD is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 62 on TWINSTEAD.