1, TANGMERE CLOSE, WICKFORD, SS11 8XD - £325,000

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 TANGMERE CLOSE is a very small semi-detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £398,438. It was last sold for £325,000 in September 2019, which was around 6% below the average September 2019 semi-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.

1 TANGMERE CLOSE Sold Prices

Land registry data shows four sales for 1 TANGMERE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Basildon local authority area for the corresponding sale date. All of the four 1 TANGMERE CLOSE 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
2019 16 SEP	£325,000	£343,950	6% below HPI
2015 22 MAY	£233,000	£264,372	12% below HPI
2006 17 NOV	£177,995	£201,031	11% below HPI
1999 21 OCT	£82,000	£82,992	1% below HPI

1 TANGMERE CLOSE 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 four 1 TANGMERE CLOSE sales between October 1999 and September 2019 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 May 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 1 TANGMERE CLOSE be worth now?

1 TANGMERE CLOSE might now be worth an estimated £398,438.

This is based on house price inflation of 22.6%, between September 2019 and March 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 22.6% inflationary increase is applied to the most recent sale price for 1 TANGMERE CLOSE of £325,000 on 16th September 2019. For the value to have increased from £325,000 to £398,438 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 1 TANGMERE CLOSE has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The September 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TANGMERE CLOSE has not materially changed since September 2019.

How Large is 1 TANGMERE CLOSE?

1 TANGMERE CLOSE is 70m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of semi-detached houses houses in Wickford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wickford, and where 1 TANGMERE CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 1 TANGMERE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Wickford.

1 TANGMERE CLOSE: Plot and Title Map

1 TANGMERE CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 1 TANGMERE CLOSE, 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 TANGMERE CLOSE). 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 TANGMERE CLOSE?

1 TANGMERE CLOSE is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 1 on TANGMERE CLOSE.