2, BROXTED DRIVE, WICKFORD, SS12 9RA - £300,000

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.

2 BROXTED DRIVE is a very small detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £358,994. It was last sold for £300,000 in February 2018, which was around 46% below the average February 2018 detached price in the Basildon local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

2 BROXTED DRIVE Sold Prices

Land registry data shows two sales for 2 BROXTED DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. Both of the two 2 BROXTED DRIVE 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
2018 8 FEB	£300,000	£550,794	46% below HPI
2003 7 NOV	£224,995	£283,141	21% below HPI

2 BROXTED DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The two 2 BROXTED DRIVE sales from November 2003 and February 2018 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 November 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2018 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 BROXTED DRIVE be worth now?

2 BROXTED DRIVE might now be worth an estimated £358,994.

This is based on house price inflation of 19.7%, between February 2018 and May 2026, for 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 19.7% inflationary increase is applied to the most recent sale price for 2 BROXTED DRIVE of £300,000 on 8th February 2018. For the value to have increased from £300,000 to £358,994 over the seven years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 BROXTED DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The February 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROXTED DRIVE has not materially changed since February 2018.

How Large is 2 BROXTED DRIVE?

2 BROXTED DRIVE is 63m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wickford, and where 2 BROXTED DRIVE lies on this distribution: 2% of detached houses houses are smaller than 2 BROXTED DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wickford.

2 BROXTED DRIVE: Plot and Title Map

2 BROXTED DRIVE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 2 BROXTED DRIVE, 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 2 BROXTED DRIVE). 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 2 BROXTED DRIVE?

2 BROXTED DRIVE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 2 on BROXTED DRIVE.