11, CHANCE CLOSE, GRAYS, RM16 6QE - £402,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 CHANCE CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £402,000 in June 2024, which was around 32% below the average June 2024 detached price in the Thurrock local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

11 CHANCE CLOSE Sold Prices

Land registry data shows four sales for 11 CHANCE 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 Thurrock local authority area for the corresponding sale date. All of the four 11 CHANCE 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
2024 7 JUN	£402,000	£592,651	32% below HPI
2017 10 FEB	£315,000	£492,711	36% below HPI
2004 16 APR	£178,000	£278,101	36% below HPI
1998 18 AUG	£76,500	£113,431	33% below HPI

11 CHANCE 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 four 11 CHANCE CLOSE sales between August 1998 and June 2024 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 February 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2024 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 11 CHANCE CLOSE?

11 CHANCE CLOSE is 66m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of detached houses by size in Chafford Hundred, and where 11 CHANCE CLOSE lies on this distribution: 2% of detached houses are smaller than 11 CHANCE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

11 CHANCE CLOSE: Plot and Title Map

11 CHANCE CLOSE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 11 CHANCE 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 11 CHANCE 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 11 CHANCE CLOSE?

11 CHANCE CLOSE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 11 on CHANCE CLOSE.