47, MARGARITE WAY, WICKFORD, SS12 0ES - £369,000

47 MARGARITE WAY is a very large extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £369,000 in April 2017, which was around 31% below the average April 2017 detached price in the Basildon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

47 MARGARITE WAY Sold Prices

Land registry data shows two sales for 47 MARGARITE WAY 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 47 MARGARITE WAY 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
2017 27 APR	£369,000	£534,138	31% below HPI
2004 28 MAY	£267,500	£291,006	8% below HPI

47 MARGARITE WAY 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 47 MARGARITE WAY sales from May 2004 and April 2017 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 May 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 47 MARGARITE WAY?

47 MARGARITE WAY is 154m², which includes three extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 20% of detached houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses by size in Wickford, and where 47 MARGARITE WAY lies on this distribution: 89% of detached houses are smaller than 47 MARGARITE WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Wickford.

47 MARGARITE WAY: Plot and Title Map

47 MARGARITE WAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 47 MARGARITE 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 47 MARGARITE 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 47 MARGARITE WAY?

47 MARGARITE WAY is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 47 on MARGARITE WAY.