8, MARGARITE WAY, WICKFORD, SS12 0ER - £193,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 MARGARITE WAY is a very small extended semi-detached house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £417,698. It was last sold for £193,000 in September 2009, which was about the average September 2009 semi-detached price in the Basildon local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was B.

8 MARGARITE WAY Sold Prices

Land registry data shows three sales for 8 MARGARITE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. The three 8 MARGARITE WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2009 4 SEP	£193,000	£192,582	Close to HPI
2001 28 SEP	£122,000	£112,304	9% above HPI
1996 26 FEB	£57,000	£57,315	1% below HPI

8 MARGARITE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The three 8 MARGARITE WAY sales between February 1996 and September 2009 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 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2009 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 MARGARITE WAY be worth now?

8 MARGARITE WAY might now be worth an estimated £417,698.

This is based on house price inflation of 116.4%, between September 2009 and February 2025, for semi-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 116.4% inflationary increase is applied to the most recent sale price for 8 MARGARITE WAY of £193,000 on 4th September 2009. For the value to have increased from £193,000 to £417,698 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 MARGARITE WAY has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The September 2009 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARGARITE WAY has not materially changed since September 2009.

How Large is 8 MARGARITE WAY?

8 MARGARITE WAY is 77m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of semi-detached houses houses in Wickford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wickford, and where 8 MARGARITE WAY lies on this distribution: 11% of semi-detached houses houses are smaller than 8 MARGARITE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Wickford.

8 MARGARITE WAY: Plot and Title Map

8 MARGARITE WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 8 MARGARITE 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 8 MARGARITE 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.

Where is 8 MARGARITE WAY?

8 MARGARITE WAY is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 8 on MARGARITE WAY.