7, WAKES COLNE, WICKFORD, SS11 8XY - £515,000

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

7 WAKES COLNE is a large extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £515,000 in October 2022, which was around 24% below the average October 2022 detached price in the Basildon local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

7 WAKES COLNE Sold Prices

Land registry data shows two sales for 7 WAKES COLNE 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. Both of the two 7 WAKES COLNE 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 14 OCT	£515,000	£675,495	24% below HPI
2005 20 JUL	£249,995	£308,681	19% below HPI

7 WAKES COLNE 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 7 WAKES COLNE sales from July 2005 and October 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 July 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 WAKES COLNE?

7 WAKES COLNE is 119m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses by size in Wickford, and where 7 WAKES COLNE lies on this distribution: 62% of detached houses are smaller than 7 WAKES COLNE, and 36% of houses are larger. Note that EPC data is not available for all properties in Wickford.

7 WAKES COLNE: Plot and Title Map

7 WAKES COLNE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 7 WAKES COLNE, 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 7 WAKES COLNE). 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 7 WAKES COLNE?

7 WAKES COLNE is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 7 on WAKES COLNE.