9, WALLACE DRIVE, WICKFORD, SS12 9NA - £420,000

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 WALLACE DRIVE is a small extended detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £473,121. It was last sold for £420,000 in April 2021, which was around 28% 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.

9 WALLACE DRIVE Sold Prices

Land registry data shows two sales for 9 WALLACE 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 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	£582,083	28% below HPI
2002 5 JUL	£183,000	£234,403	22% below HPI

9 WALLACE 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 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 9 WALLACE DRIVE be worth now?

9 WALLACE DRIVE might now be worth an estimated £473,121.

This is based on house price inflation of 12.6%, between April 2021 and December 2024, 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 12.6% inflationary increase is applied to the most recent sale price for 9 WALLACE DRIVE of £420,000 on 15th April 2021. For the value to have increased from £420,000 to £473,121 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 9 WALLACE DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The April 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WALLACE DRIVE has not materially changed since April 2021.

How Large is 9 WALLACE DRIVE?

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 houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wickford, and where 9 WALLACE DRIVE lies on this distribution: 27% of detached houses 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: Plot and Title Map

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.

Where is 9 WALLACE DRIVE?

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