TWIN OAKS, SUGDEN AVENUE, WICKFORD, SS12 0JB - £570,000

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.

TWIN OAKS is a midsized detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £639,799. It was last sold for £570,000 in September 2020, which was around 3% below the average September 2020 detached price in the Basildon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

TWIN OAKS Sold Prices

Land registry data shows two sales for TWIN OAKS 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 TWIN OAKS 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 4 SEP	£570,000	£587,295	3% below HPI
2015 8 APR	£400,000	£426,229	6% below HPI

TWIN OAKS 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 TWIN OAKS sales from April 2015 and September 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 April 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might TWIN OAKS be worth now?

TWIN OAKS might now be worth an estimated £639,799.

This is based on house price inflation of 12.2%, between September 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 12.2% inflationary increase is applied to the most recent sale price for TWIN OAKS of £570,000 on 4th September 2020. For the value to have increased from £570,000 to £639,799 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of TWIN OAKS has moved in line with the HPI for detached houses in the Basildon local authority area.
• The September 2020 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of TWIN OAKS has not materially changed since September 2020.

How Large is TWIN OAKS?

TWIN OAKS is 109m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% 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 TWIN OAKS lies on this distribution: 47% of detached houses houses are smaller than TWIN OAKS, and 52% of houses are larger. Note that EPC data is not available for all properties in Wickford.

TWIN OAKS: Plot and Title Map

TWIN OAKS sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of TWIN OAKS, 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 TWIN OAKS). 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 TWIN OAKS?

TWIN OAKS is located on SUGDEN AVENUE in WICKFORD, in the SS12 postcode district. The below map shows the position of TWIN OAKS on SUGDEN AVENUE.