12, SILVER WAY, WICKFORD, SS11 7AP - £200,000

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.

12 SILVER WAY is a small terraced house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £333,715. It was last sold for £200,000 in January 2015, which was around 7% above the average January 2015 terraced price in the Basildon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

12 SILVER WAY Sold Prices

Land registry data shows two sales for 12 SILVER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. Both of the two 12 SILVER WAY sales were 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
2015 6 JAN	£200,000	£186,456	7% above HPI
1996 4 MAR	£55,000	£40,183	37% above HPI

12 SILVER WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Basildon local authority area over time, sourced from the HPI. The two 12 SILVER WAY sales from March 1996 and January 2015 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 1996 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the January 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 12 SILVER WAY be worth now?

12 SILVER WAY might now be worth an estimated £333,715.

This is based on house price inflation of 66.9%, between January 2015 and May 2026, for terraced 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 66.9% inflationary increase is applied to the most recent sale price for 12 SILVER WAY of £200,000 on 6th January 2015. For the value to have increased from £200,000 to £333,715 over the ten years and eight months to May 2026, the following assumptions must hold true:

• The value of 12 SILVER WAY has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The January 2015 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SILVER WAY has not materially changed since January 2015.

How Large is 12 SILVER WAY?

12 SILVER WAY is 105m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of terraced houses houses in Runwell, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Runwell, and where 12 SILVER WAY lies on this distribution: 27% of terraced houses houses are smaller than 12 SILVER WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Runwell.

12 SILVER WAY: Plot and Title Map

12 SILVER WAY sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 12 SILVER WAY, 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 12 SILVER WAY). 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 12 SILVER WAY?

12 SILVER WAY is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 12 on SILVER WAY.