1, NICHOLL ROAD, BASILDON, SS15 5PY - £320,000

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.

1 NICHOLL ROAD is a very small extended semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £369,211. It was last sold for £320,000 in June 2021, which was around 13% below the average June 2021 semi-detached price in the Basildon local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

1 NICHOLL ROAD Sold Prices

Land registry data shows five sales for 1 NICHOLL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the five 1 NICHOLL ROAD 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
2021 7 JUN	£320,000	£366,161	13% below HPI
2017 23 JAN	£275,000	£327,553	16% below HPI
2004 9 JAN	£148,500	£171,938	14% below HPI
1999 26 JUL	£69,000	£81,286	15% below HPI
1997 18 JUL	£58,000	£65,522	11% below HPI

1 NICHOLL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Basildon local authority area over time, sourced from the HPI. The five 1 NICHOLL ROAD sales between July 1997 and June 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 January 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 NICHOLL ROAD be worth now?

1 NICHOLL ROAD might now be worth an estimated £369,211.

This is based on house price inflation of 15.4%, between June 2021 and June 2025, for semi-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 15.4% inflationary increase is applied to the most recent sale price for 1 NICHOLL ROAD of £320,000 on 7th June 2021. For the value to have increased from £320,000 to £369,211 over the four years to June 2025, the following assumptions must hold true:

• The value of 1 NICHOLL ROAD has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The June 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NICHOLL ROAD has not materially changed since June 2021.

How Large is 1 NICHOLL ROAD?

1 NICHOLL ROAD is 76m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of semi-detached houses houses in Basildon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Basildon, and where 1 NICHOLL ROAD lies on this distribution: 7% of semi-detached houses houses are smaller than 1 NICHOLL ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Basildon.

1 NICHOLL ROAD: Plot and Title Map

1 NICHOLL ROAD sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 1 NICHOLL ROAD, 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 1 NICHOLL ROAD). 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 1 NICHOLL ROAD?

1 NICHOLL ROAD is located in BASILDON, in the SS15 postcode district. The below map shows the position of No. 1 on NICHOLL ROAD.