2, CHATTON CLOSE, WICKFORD, SS12 9QG - £367,500

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 CHATTON CLOSE is a small extended detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £431,017. It was last sold for £367,500 in September 2019, which was around 35% below the average September 2019 detached price in the Basildon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 CHATTON CLOSE Sold Prices

Land registry data shows three sales for 2 CHATTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 2 CHATTON 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 25 SEP	£367,500	£561,976	35% below HPI
2001 9 AUG	£139,500	£192,517	28% below HPI
1996 31 JAN	£91,000	£98,752	8% below HPI

2 CHATTON CLOSE 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 three 2 CHATTON CLOSE sales between January 1996 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 August 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2 CHATTON CLOSE be worth now?

2 CHATTON CLOSE might now be worth an estimated £431,017.

This is based on house price inflation of 17.3%, between September 2019 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 17.3% inflationary increase is applied to the most recent sale price for 2 CHATTON CLOSE of £367,500 on 25th September 2019. For the value to have increased from £367,500 to £431,017 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 2 CHATTON CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The September 2019 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHATTON CLOSE has not materially changed since September 2019.

How Large is 2 CHATTON CLOSE?

2 CHATTON CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% 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 CHATTON CLOSE lies on this distribution: 33% of detached houses houses are smaller than 2 CHATTON CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Wickford.

2 CHATTON CLOSE: Plot and Title Map

2 CHATTON CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 2 CHATTON 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 2 CHATTON 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 2 CHATTON CLOSE?

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