16, PINE CLOSE, WICKFORD, SS12 9LP - £276,000

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.

16 PINE CLOSE is a very small terraced house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £283,024. It was last sold for £276,000 in August 2023, which was around 8% below the average August 2023 terraced price in the Basildon local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

16 PINE CLOSE Sold Prices

Land registry data shows three sales for 16 PINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Basildon local authority area for the corresponding sale date. Two of the three 16 PINE CLOSE sales were for below the average price, whilst one 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
2023 18 AUG	£276,000	£301,560	8% below HPI
2015 14 APR	£161,500	£192,790	16% below HPI
2001 25 MAY	£79,995	£72,425	10% above HPI

16 PINE CLOSE 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 three 16 PINE CLOSE sales between May 2001 and August 2023 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 April 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 16 PINE CLOSE be worth now?

16 PINE CLOSE might now be worth an estimated £283,024.

This is based on house price inflation of 2.5%, between August 2023 and April 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 2.5% inflationary increase is applied to the most recent sale price for 16 PINE CLOSE of £276,000 on 18th August 2023. For the value to have increased from £276,000 to £283,024 over the three years and four months to April 2026, the following assumptions must hold true:

• The value of 16 PINE CLOSE has moved in line with the HPI for terraced houses in the Basildon local authority area.
• The August 2023 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PINE CLOSE has not materially changed since August 2023.

How Large is 16 PINE CLOSE?

16 PINE CLOSE is 58m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of terraced houses houses in Wickford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wickford, and where 16 PINE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 16 PINE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wickford.

16 PINE CLOSE: Plot and Title Map

16 PINE CLOSE sits on a plot of roughly 3.2 acres, or 12,832m². The below map shows the location of 16 PINE 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 16 PINE 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 16 PINE CLOSE?

16 PINE CLOSE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 16 on PINE CLOSE.