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
9 WALLACE DRIVE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £420,000 in April 2021, which was around 27% below the average April 2021 detached price in the Basildon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 9 WALLACE DRIVE since 1st 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 9 WALLACE 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 |
---|---|---|---|
2021 15 APR | £420,000 | £578,458 | 27% below HPI |
2002 5 JUL | £183,000 | £232,943 | 21% below HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The two 9 WALLACE DRIVE sales from July 2002 and April 2021 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 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
9 WALLACE DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 9 WALLACE DRIVE lies on this distribution: 28% of detached houses are smaller than 9 WALLACE DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Wickford.
9 WALLACE DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 9 WALLACE 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 9 WALLACE 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.
9 WALLACE DRIVE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 9 on WALLACE DRIVE.