SHRUBS, 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

SHRUBS is a very large extended detached house of 158m², built sometime between 1900 and 1929. It was last sold for £675,000 in September 2021, which was around 12% above the average September 2021 detached price in the Basildon local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was A.

SHRUBS Sold Prices

Land registry data shows two sales for SHRUBS 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. One of the two SHRUBS sales was for above the average price, whilst the other was 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
2021 29 SEP	£675,000	£601,121	12% above HPI
2003 20 JUN	£250,000	£274,433	9% below HPI

SHRUBS 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 SHRUBS sales from June 2003 and September 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 June 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is SHRUBS?

SHRUBS is 158m², which includes one extension, according to the EPC inspection conducted in November 2020. 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 SHRUBS lies on this distribution: 90% of detached houses are smaller than SHRUBS, and 10% of houses are larger. Note that EPC data is not available for all properties in Wickford.

SHRUBS: Plot and Title Map

SHRUBS sits on a plot of roughly 0.330 of an acre, or 1,335m². The below map shows the location of SHRUBS, 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 SHRUBS). 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 SHRUBS?

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