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
8 BALFOUR CLOSE is a large detached house of 128m², built sometime between 1991 and 1995. It was last sold for £490,000 in May 2023, which was around 24% below the average May 2023 detached price in the Basildon local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 8 BALFOUR CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Most of the five 8 BALFOUR CLOSE 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 |
---|---|---|---|
2023 26 MAY | £490,000 | £645,844 | 24% below HPI |
2021 30 SEP | £458,000 | £601,121 | 24% below HPI |
2001 12 DEC | £186,000 | £208,176 | 11% below HPI |
1999 7 DEC | £139,000 | £147,542 | 6% below HPI |
1996 6 JUN | £111,250 | £99,552 | 12% above HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The five 8 BALFOUR CLOSE sales between June 1996 and May 2023 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 September 2021 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2023 sale, which was also at 24% below the HPI.
8 BALFOUR CLOSE is 128m² according to the EPC inspection conducted in February 2021. This puts it in the largest 30% of detached houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses by size in Wickford, and where 8 BALFOUR CLOSE lies on this distribution: 73% of detached houses are smaller than 8 BALFOUR CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wickford.
8 BALFOUR CLOSE sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of 8 BALFOUR CLOSE, 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 8 BALFOUR CLOSE). 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.
8 BALFOUR CLOSE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 8 on BALFOUR CLOSE.