9, MONARCH CLOSE, WICKFORD, SS11 8GE - £410,000

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.

9 MONARCH CLOSE is a large detached house of 127m², which could now be worth an estimated £483,701. It was last sold for £410,000 in January 2020, which was around 28% below the average January 2020 detached price in the Basildon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was B.

9 MONARCH CLOSE Sold Prices

Land registry data shows three sales for 9 MONARCH 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 9 MONARCH 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
2020 3 JAN	£410,000	£569,063	28% below HPI
2019 30 SEP	£440,000	£561,976	22% below HPI
2015 21 MAY	£345,000	£432,308	20% below HPI

9 MONARCH 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 9 MONARCH CLOSE sales between May 2015 and January 2020 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 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 9 MONARCH CLOSE be worth now?

9 MONARCH CLOSE might now be worth an estimated £483,701.

This is based on house price inflation of 18%, between January 2020 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 18% inflationary increase is applied to the most recent sale price for 9 MONARCH CLOSE of £410,000 on 3rd January 2020. For the value to have increased from £410,000 to £483,701 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of 9 MONARCH CLOSE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The January 2020 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MONARCH CLOSE has not materially changed since January 2020.

How Large is 9 MONARCH CLOSE?

9 MONARCH CLOSE is 127m² according to the EPC inspection conducted in April 2015. This puts it in the largest 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 9 MONARCH CLOSE lies on this distribution: 71% of detached houses houses are smaller than 9 MONARCH CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Wickford.

9 MONARCH CLOSE: Plot and Title Map

9 MONARCH CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 9 MONARCH 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 9 MONARCH 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 9 MONARCH CLOSE?

9 MONARCH CLOSE is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 9 on MONARCH CLOSE.