2, VICTORIA CRESCENT, WICKFORD, SS12 0DJ - £525,000

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 VICTORIA CRESCENT is a midsized extended detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £634,830. It was last sold for £525,000 in July 2019, which was around 5% below the average July 2019 detached price in the Basildon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

2 VICTORIA CRESCENT Sold Prices

Land registry data shows three sales for 2 VICTORIA CRESCENT 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 VICTORIA CRESCENT 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 12 JUL	£525,000	£555,208	5% below HPI
2015 24 SEP	£430,000	£452,114	5% below HPI
2013 4 JAN	£300,000	£342,664	12% below HPI

2 VICTORIA CRESCENT 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 VICTORIA CRESCENT sales between January 2013 and July 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 September 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2019 sale, which was also at 5% below the HPI.

What might 2 VICTORIA CRESCENT be worth now?

2 VICTORIA CRESCENT might now be worth an estimated £634,830.

This is based on house price inflation of 20.9%, between July 2019 and June 2025, 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 20.9% inflationary increase is applied to the most recent sale price for 2 VICTORIA CRESCENT of £525,000 on 12th July 2019. For the value to have increased from £525,000 to £634,830 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 2 VICTORIA CRESCENT has moved in line with the HPI for detached houses in the Basildon local authority area.
• The July 2019 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VICTORIA CRESCENT has not materially changed since July 2019.

How Large is 2 VICTORIA CRESCENT?

2 VICTORIA CRESCENT is 103m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% 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 VICTORIA CRESCENT lies on this distribution: 41% of detached houses houses are smaller than 2 VICTORIA CRESCENT, and 58% of houses are larger. Note that EPC data is not available for all properties in Wickford.

2 VICTORIA CRESCENT: Plot and Title Map

2 VICTORIA CRESCENT sits on a plot of roughly 0.229 of an acre, or 925m². The below map shows the location of 2 VICTORIA CRESCENT, 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 VICTORIA CRESCENT). 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 VICTORIA CRESCENT?

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