WAYSIDE, STATION ROAD, WICKFORD, SS11 7NE - £125,000

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.

WAYSIDE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £626,952. It was last sold for £125,000 in October 1998, which was around 5% below the average October 1998 detached price in the Basildon local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

WAYSIDE Sold Prices

Land registry data shows two sales for WAYSIDE 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 WAYSIDE sales was for below the average price, whilst the other 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
1998 16 OCT	£125,000	£131,432	5% below HPI
1995 11 JAN	£115,000	£97,995	17% above HPI

WAYSIDE 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 WAYSIDE sales from January 1995 and October 1998 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 1995 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 1998 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might WAYSIDE be worth now?

WAYSIDE might now be worth an estimated £626,952.

This is based on house price inflation of 401.6%, between October 1998 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 401.6% inflationary increase is applied to the most recent sale price for WAYSIDE of £125,000 on 16th October 1998. For the value to have increased from £125,000 to £626,952 over the 27 years and eight months to February 2025, the following assumptions must hold true:

• The value of WAYSIDE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The October 1998 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of WAYSIDE has not materially changed since October 1998.

How Large is WAYSIDE?

WAYSIDE is 77m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% 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 WAYSIDE lies on this distribution: 11% of detached houses houses are smaller than WAYSIDE, and 89% of houses are larger. Note that EPC data is not available for all properties in Runwell.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

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