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 WEDGWOOD WAY is a small detached house of 104m², built sometime between 1983 and 1990. It was last sold for £299,995 in June 2015, which was around 24% below the average June 2015 detached price in the Rochford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 WEDGWOOD WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Both of the two 7 WEDGWOOD 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 |
---|---|---|---|
2015 24 JUN | £299,995 | £393,694 | 24% below HPI |
2003 31 JAN | £209,995 | £251,173 | 16% below HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The two 7 WEDGWOOD WAY sales from January 2003 and June 2015 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 January 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
7 WEDGWOOD WAY is 104m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Ashingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Ashingdon, and where 7 WEDGWOOD WAY lies on this distribution: 34% of detached houses are smaller than 7 WEDGWOOD WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Ashingdon.
7 WEDGWOOD WAY sits on a plot of roughly 0.092 of an acre, or 370m². The below map shows the location of 7 WEDGWOOD 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 7 WEDGWOOD 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.
7 WEDGWOOD WAY is located in ROCHFORD, in the SS4 postcode district. The below map shows the position of No. 7 on WEDGWOOD WAY.