Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
93 MELVILLE DRIVE is a large extended detached house of 129m², built sometime between 1991 and 1995. It was last sold for £500,000 in January 2021, which was around 15% below the average January 2021 detached price in the Basildon local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 93 MELVILLE DRIVE since 1st 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. Two of the three 93 MELVILLE DRIVE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2021 27 JAN | £500,000 | £590,419 | 15% below HPI |
2006 28 JUL | £287,000 | £311,544 | 8% below HPI |
1998 7 AUG | £131,995 | £130,643 | 1% above HPI |
The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The three 93 MELVILLE DRIVE sales between August 1998 and January 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 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
93 MELVILLE DRIVE is 129m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 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 93 MELVILLE DRIVE lies on this distribution: 74% of detached houses are smaller than 93 MELVILLE DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Wickford.
93 MELVILLE DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 93 MELVILLE 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 93 MELVILLE 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.
93 MELVILLE DRIVE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 93 on MELVILLE DRIVE.