9, NESBIT CLOSE, WICKFORD, SS12 0PT - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 NESBIT CLOSE is a large detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £734,698. It was last sold for £340,000 in June 2009, which was around 11% above the average June 2009 detached price in the Basildon local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

9 NESBIT CLOSE Sold Prices

Land registry data shows three sales for 9 NESBIT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 9 NESBIT CLOSE sales were for above 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 26 JUN	£340,000	£305,067	11% above HPI
2005 5 AUG	£325,000	£309,861	5% above HPI
2003 31 OCT	£299,995	£288,394	4% above HPI

9 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 three 9 NESBIT CLOSE sales between October 2003 and June 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 August 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2009 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 9 NESBIT CLOSE be worth now?

9 NESBIT CLOSE might now be worth an estimated £734,698.

This is based on house price inflation of 116.1%, between June 2009 and February 2025, for 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 116.1% inflationary increase is applied to the most recent sale price for 9 NESBIT CLOSE of £340,000 on 26th June 2009. For the value to have increased from £340,000 to £734,698 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 9 NESBIT CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2009 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 9 NESBIT CLOSE has not materially changed since June 2009.

How Large is 9 NESBIT CLOSE?

9 NESBIT CLOSE is 120m² according to the EPC inspection conducted in March 2009. This puts it in the largest 40% of detached houses houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wickford, and where 9 NESBIT CLOSE lies on this distribution: 63% of detached houses houses are smaller than 9 NESBIT CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Wickford.

9 NESBIT CLOSE: Plot and Title Map

9 NESBIT CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 9 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 9 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 9 NESBIT CLOSE?

9 NESBIT CLOSE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 9 on NESBIT CLOSE.