REFLECTIONS, NEW HOUSE AVENUE, WICKFORD, SS12 0JY - £442,000

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.

REFLECTIONS is a small detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £485,671. It was last sold for £442,000 in December 2020, which was around 26% below the average December 2020 detached price in the Basildon local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was A.

REFLECTIONS Sold Prices

Land registry data shows three sales for REFLECTIONS 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. Two of the three REFLECTIONS 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
2020 11 DEC	£442,000	£599,936	26% below HPI
2003 7 AUG	£310,000	£291,036	7% above HPI
1999 17 AUG	£112,000	£141,648	21% below HPI

REFLECTIONS 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 REFLECTIONS sales between August 1999 and December 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 August 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might REFLECTIONS be worth now?

REFLECTIONS might now be worth an estimated £485,671.

This is based on house price inflation of 9.9%, between December 2020 and February 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 9.9% inflationary increase is applied to the most recent sale price for REFLECTIONS of £442,000 on 11th December 2020. For the value to have increased from £442,000 to £485,671 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of REFLECTIONS has moved in line with the HPI for detached houses in the Basildon local authority area.
• The December 2020 sale price of £442,000 represented a fair market value for the property.
• The size, condition, and specification of REFLECTIONS has not materially changed since December 2020.

How Large is REFLECTIONS?

REFLECTIONS is 102m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% 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 REFLECTIONS lies on this distribution: 39% of detached houses houses are smaller than REFLECTIONS, and 59% of houses are larger. Note that EPC data is not available for all properties in Wickford.

REFLECTIONS: Plot and Title Map

REFLECTIONS sits on a plot of roughly 0.246 of an acre, or 997m². The below map shows the location of REFLECTIONS, 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 REFLECTIONS). 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 REFLECTIONS?

REFLECTIONS is located on NEW HOUSE AVENUE in WICKFORD, in the SS12 postcode district. The below map shows the position of REFLECTIONS on NEW HOUSE AVENUE.