1, SAN MARCOS DRIVE, CHAFFORD HUNDRED, GRAYS, RM16 6LW - £297,000

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.

1 SAN MARCOS DRIVE is a small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £502,658. It was last sold for £297,000 in October 2014, which was around 16% below the average October 2014 detached price in the Thurrock local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

1 SAN MARCOS DRIVE Sold Prices

Land registry data shows three sales for 1 SAN MARCOS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Two of the three 1 SAN MARCOS DRIVE sales were for below the average price, whilst one was 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
2014 31 OCT	£297,000	£355,043	16% below HPI
2007 30 AUG	£272,000	£319,468	15% below HPI
2001 31 OCT	£189,995	£185,311	3% above HPI

1 SAN MARCOS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The three 1 SAN MARCOS DRIVE sales between October 2001 and October 2014 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1 SAN MARCOS DRIVE be worth now?

1 SAN MARCOS DRIVE might now be worth an estimated £502,658.

This is based on house price inflation of 69.2%, between October 2014 and February 2025, for 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 69.2% inflationary increase is applied to the most recent sale price for 1 SAN MARCOS DRIVE of £297,000 on 31st October 2014. For the value to have increased from £297,000 to £502,658 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 SAN MARCOS DRIVE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The October 2014 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SAN MARCOS DRIVE has not materially changed since October 2014.

How Large is 1 SAN MARCOS DRIVE?

1 SAN MARCOS DRIVE is 93m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 30% of detached houses houses in South Stifford, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Stifford, and where 1 SAN MARCOS DRIVE lies on this distribution: 22% of detached houses houses are smaller than 1 SAN MARCOS DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

1 SAN MARCOS DRIVE: Plot and Title Map

1 SAN MARCOS DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 1 SAN MARCOS DRIVE, 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 SAN MARCOS DRIVE). 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 SAN MARCOS DRIVE?

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