11, LEASWAY, WICKFORD, SS12 0HF - £345,000

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.

11 LEASWAY is a very small semi-detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £389,041. It was last sold for £345,000 in September 2021, which was around 8% below the average September 2021 semi-detached price in the Basildon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

11 LEASWAY Sold Prices

Land registry data shows four sales for 11 LEASWAY 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. Most of the four 11 LEASWAY 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 30 SEP	£345,000	£374,646	8% below HPI
2016 30 MAR	£262,000	£297,007	12% below HPI
2003 2 MAY	£164,000	£162,271	1% above HPI
1997 4 NOV	£65,000	£69,023	6% below HPI

11 LEASWAY 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 11 LEASWAY sales between November 1997 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 March 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 11 LEASWAY be worth now?

11 LEASWAY might now be worth an estimated £389,041.

This is based on house price inflation of 12.8%, between September 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 12.8% inflationary increase is applied to the most recent sale price for 11 LEASWAY of £345,000 on 30th September 2021. For the value to have increased from £345,000 to £389,041 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 11 LEASWAY has moved in line with the HPI for semi-detached houses in the Basildon local authority area.
• The September 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LEASWAY has not materially changed since September 2021.

How Large is 11 LEASWAY?

11 LEASWAY is 73m² according to the EPC inspection conducted in April 2018. 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 11 LEASWAY lies on this distribution: 8% of semi-detached houses houses are smaller than 11 LEASWAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Wickford.

11 LEASWAY: Plot and Title Map

11 LEASWAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 11 LEASWAY, 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 11 LEASWAY). 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 11 LEASWAY?

11 LEASWAY is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 11 on LEASWAY.