MEADOWLARK, STATION ROAD, WICKFORD, SS11 7NE - £306,500

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

MEADOWLARK is a very small detached house of 64m², built sometime between 1983 and 1990, which could now be worth an estimated £354,679. It was last sold for £306,500 in February 2020, which was around 46% below the average February 2020 detached price in the Basildon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

MEADOWLARK Sold Prices

Land registry data shows two sales for MEADOWLARK 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 MEADOWLARK 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
2020 10 FEB	£306,500	£566,634	46% below HPI
1995 3 MAY	£82,500	£97,931	16% below HPI

MEADOWLARK 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 MEADOWLARK sales from May 1995 and February 2020 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 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might MEADOWLARK be worth now?

MEADOWLARK might now be worth an estimated £354,679.

This is based on house price inflation of 15.7%, between February 2020 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 15.7% inflationary increase is applied to the most recent sale price for MEADOWLARK of £306,500 on 10th February 2020. For the value to have increased from £306,500 to £354,679 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of MEADOWLARK has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2020 sale price of £306,500 represented a fair market value for the property.
• The size, condition, and specification of MEADOWLARK has not materially changed since February 2020.

How Large is MEADOWLARK?

MEADOWLARK is 64m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Runwell, and where MEADOWLARK lies on this distribution: 3% of detached houses houses are smaller than MEADOWLARK, and 96% of houses are larger. Note that EPC data is not available for all properties in Runwell.

MEADOWLARK: Plot and Title Map

MEADOWLARK sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of MEADOWLARK, 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 MEADOWLARK). 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 MEADOWLARK?

MEADOWLARK is located on STATION ROAD in WICKFORD, in the SS11 postcode district. The below map shows the position of MEADOWLARK on STATION ROAD.