MALVERN, CRANFIELD PARK ROAD, WICKFORD, SS12 9ES - £890,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MALVERN is a very large extended detached house of 261m², built sometime from 2007 onwards, which could now be worth an estimated £1,220,629. It was last sold for £890,000 in February 2016, which was around 84% above the average February 2016 detached price in the Basildon local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

MALVERN Sold Prices

Land registry data shows three sales for MALVERN 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. One of the three MALVERN sales was for above the average price, whilst two 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
2016 11 FEB	£890,000	£483,137	84% above HPI
2007 9 MAY	£327,500	£332,460	1% below HPI
2006 25 APR	£250,000	£313,582	20% below HPI

MALVERN 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 MALVERN sales between April 2006 and February 2016 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 May 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2016 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

What might MALVERN be worth now?

MALVERN might now be worth an estimated £1,220,629.

This is based on house price inflation of 37.1%, between February 2016 and March 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 37.1% inflationary increase is applied to the most recent sale price for MALVERN of £890,000 on 11th February 2016. For the value to have increased from £890,000 to £1,220,629 over the eight years and eleven months to March 2025, the following assumptions must hold true:

• The value of MALVERN has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2016 sale price of £890,000 represented a fair market value for the property.
• The size, condition, and specification of MALVERN has not materially changed since February 2016.

How Large is MALVERN?

MALVERN is 261m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses houses in Nevendon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nevendon, and where MALVERN lies on this distribution: More than 99% of detached houses houses are smaller than MALVERN, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Nevendon.

MALVERN: Plot and Title Map

MALVERN sits on a plot of roughly 0.555 of an acre, or 2,248m². The below map shows the location of MALVERN, 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 MALVERN). 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 MALVERN?

MALVERN is located on CRANFIELD PARK ROAD in WICKFORD, in the SS12 postcode district. The below map shows the position of MALVERN on CRANFIELD PARK ROAD.