8, NESBIT CLOSE, WICKFORD, SS12 0PT - £475,000

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 NESBIT CLOSE is a large detached house of 121m², built sometime between 1996 and 2002. It was last sold for £475,000 in June 2019, which was around 13% below the average June 2019 detached price in the Basildon local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

8 NESBIT CLOSE Sold Prices

Land registry data shows four sales for 8 NESBIT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. The four 8 NESBIT CLOSE sales were a mix of below the average price, and roughly equal to 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
2019 17 JUN	£475,000	£542,871	13% below HPI
2015 3 JUL	£300,000	£431,967	31% below HPI
2007 15 OCT	£320,000	£355,900	10% below HPI
2003 12 SEP	£290,000	£289,114	Close to HPI

8 NESBIT CLOSE 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 four 8 NESBIT CLOSE sales between September 2003 and June 2019 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 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 NESBIT CLOSE?

8 NESBIT CLOSE is 121m² according to the EPC inspection conducted in May 2011. 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 8 NESBIT CLOSE lies on this distribution: 66% of detached houses are smaller than 8 NESBIT CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Wickford.

8 NESBIT CLOSE: Plot and Title Map

8 NESBIT CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 8 NESBIT 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 NESBIT 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.

Where is 8 NESBIT CLOSE?

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