8, JUBILEE DRIVE, WICKFORD, SS11 7AR - £395,000

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

8 JUBILEE DRIVE is a small extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £395,000 in November 2016, which was around 25% below the average November 2016 detached price in the Basildon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

8 JUBILEE DRIVE Sold Prices

Land registry data shows two sales for 8 JUBILEE DRIVE 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 8 JUBILEE DRIVE 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
2016 15 NOV	£395,000	£528,072	25% below HPI
2004 7 DEC	£242,500	£304,084	20% below HPI

8 JUBILEE DRIVE 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 8 JUBILEE DRIVE sales from December 2004 and November 2016 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 December 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 JUBILEE DRIVE?

8 JUBILEE DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses by size in Runwell, and where 8 JUBILEE DRIVE lies on this distribution: 37% of detached houses are smaller than 8 JUBILEE DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Runwell.

8 JUBILEE DRIVE: Plot and Title Map

8 JUBILEE DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 8 JUBILEE DRIVE, 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 JUBILEE DRIVE). 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 8 JUBILEE DRIVE?

8 JUBILEE DRIVE is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 8 on JUBILEE DRIVE.