1, CHESTER CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6ET - £455,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHESTER CLOSE is a very small semi-detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £446,843. It was last sold for £455,000 in October 2022, which was around 12% above the average October 2022 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

1 CHESTER CLOSE Sold Prices

Land registry data shows three sales for 1 CHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. All of the three 1 CHESTER CLOSE sales were for above 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
2022 21 OCT	£455,000	£407,017	12% above HPI
2008 29 AUG	£247,000	£206,273	20% above HPI
2002 23 AUG	£174,995	£132,317	32% above HPI

1 CHESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thurrock local authority area over time, sourced from the HPI. The three 1 CHESTER CLOSE sales between August 2002 and October 2022 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 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 1 CHESTER CLOSE be worth now?

1 CHESTER CLOSE might now be worth an estimated £446,843.

This is based on house price deflation of 1.8%, between October 2022 and December 2024, for semi-detached houses, in the Thurrock local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% deflationary decrease is applied to the most recent sale price for 1 CHESTER CLOSE of £455,000 on 21st October 2022. For the value to have decreased from £455,000 to £446,843 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 1 CHESTER CLOSE has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The October 2022 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHESTER CLOSE has not materially changed since October 2022.

How Large is 1 CHESTER CLOSE?

1 CHESTER CLOSE is 75m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of semi-detached houses houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chafford Hundred, and where 1 CHESTER CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 1 CHESTER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

1 CHESTER CLOSE: Plot and Title Map

1 CHESTER CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 1 CHESTER 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 1 CHESTER 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 1 CHESTER CLOSE?

1 CHESTER CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 1 on CHESTER CLOSE.