RECHERCHE, STUDLAND AVENUE, WICKFORD, SS12 0JF - £675,000

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

RECHERCHE is a very large detached house of 155m², built sometime between 1996 and 2002. It was last sold for £675,000 in March 2022, which was around 7% above the average March 2022 detached price in the Basildon local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was A.

RECHERCHE Sold Prices

Land registry data shows two sales for RECHERCHE 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 RECHERCHE sales were 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
2022 2 MAR	£675,000	£632,792	7% above HPI
1996 31 JAN	£135,000	£98,137	38% above HPI

RECHERCHE 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 RECHERCHE sales from January 1996 and March 2022 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 January 1996 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is RECHERCHE?

RECHERCHE is 155m² according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses by size in Wickford, and where RECHERCHE lies on this distribution: 89% of detached houses are smaller than RECHERCHE, and 11% of houses are larger. Note that EPC data is not available for all properties in Wickford.

RECHERCHE: Plot and Title Map

RECHERCHE sits on a plot of roughly 0.369 of an acre, or 1,494m². The below map shows the location of RECHERCHE, 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 RECHERCHE). 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 RECHERCHE?

RECHERCHE is located on STUDLAND AVENUE in WICKFORD, in the SS12 postcode district. The below map shows the position of RECHERCHE on STUDLAND AVENUE.