7, LAMONT CLOSE, WICKFORD, SS12 9QS - £260,000

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.

7 LAMONT CLOSE is a small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £478,673. It was last sold for £260,000 in June 2013, which was around 27% below the average June 2013 detached price in the Basildon local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

7 LAMONT CLOSE Sold Prices

Land registry data shows four sales for 7 LAMONT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the four 7 LAMONT 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
2013 7 JUN	£260,000	£358,005	27% below HPI
2004 20 MAY	£219,995	£292,830	25% below HPI
2003 24 JAN	£198,000	£266,143	26% below HPI
1998 17 APR	£108,495	£120,667	10% below HPI

7 LAMONT 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 four 7 LAMONT CLOSE sales between April 1998 and June 2013 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2013 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 7 LAMONT CLOSE be worth now?

7 LAMONT CLOSE might now be worth an estimated £478,673.

This is based on house price inflation of 84.1%, between June 2013 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 84.1% inflationary increase is applied to the most recent sale price for 7 LAMONT CLOSE of £260,000 on 7th June 2013. For the value to have increased from £260,000 to £478,673 over the thirteen years and one month to May 2026, the following assumptions must hold true:

• The value of 7 LAMONT CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The June 2013 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LAMONT CLOSE has not materially changed since June 2013.

How Large is 7 LAMONT CLOSE?

7 LAMONT CLOSE is 89m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% 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 7 LAMONT CLOSE lies on this distribution: 24% of detached houses houses are smaller than 7 LAMONT CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Wickford.

7 LAMONT CLOSE: Plot and Title Map

7 LAMONT CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 7 LAMONT 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 7 LAMONT 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 7 LAMONT CLOSE?

7 LAMONT CLOSE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 7 on LAMONT CLOSE.