1, SHELFORD CLOSE, ORSETT, GRAYS, RM16 3HN - £530,000

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 SHELFORD CLOSE is a small detached house of 140m², built sometime between 2003 and 2006, which could now be worth an estimated £625,925. It was last sold for £530,000 in May 2019, which was around 6% above the average May 2019 detached price in the Thurrock local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

1 SHELFORD CLOSE Sold Prices

Land registry data shows two sales for 1 SHELFORD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Both of the two 1 SHELFORD 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
2019 3 MAY	£530,000	£500,928	6% above HPI
2004 17 DEC	£379,950	£290,345	31% above HPI

1 SHELFORD CLOSE 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 two 1 SHELFORD CLOSE sales from December 2004 and May 2019 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 December 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 1 SHELFORD CLOSE be worth now?

1 SHELFORD CLOSE might now be worth an estimated £625,925.

This is based on house price inflation of 18.1%, between May 2019 and March 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 18.1% inflationary increase is applied to the most recent sale price for 1 SHELFORD CLOSE of £530,000 on 3rd May 2019. For the value to have increased from £530,000 to £625,925 over the six years and two months to March 2025, the following assumptions must hold true:

• The value of 1 SHELFORD CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The May 2019 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHELFORD CLOSE has not materially changed since May 2019.

How Large is 1 SHELFORD CLOSE?

1 SHELFORD CLOSE is 140m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses houses in Orsett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Orsett, and where 1 SHELFORD CLOSE lies on this distribution: 33% of detached houses houses are smaller than 1 SHELFORD CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Orsett.

1 SHELFORD CLOSE: Plot and Title Map

1 SHELFORD CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 1 SHELFORD 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 SHELFORD 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 SHELFORD CLOSE?

1 SHELFORD CLOSE is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 1 on SHELFORD CLOSE.