12, COXON DRIVE, CHAFFORD HUNDRED, GRAYS, RM16 6DY - £445,000

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

12 COXON DRIVE is a small extended detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £451,722. It was last sold for £445,000 in June 2024, which was around 24% below the average June 2024 detached price in the Thurrock local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

12 COXON DRIVE Sold Prices

Land registry data shows four sales for 12 COXON DRIVE 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 12 COXON DRIVE 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 12 JUN	£445,000	£584,584	24% below HPI
2017 29 JUN	£393,000	£470,499	16% below HPI
2011 26 JUL	£250,000	£296,935	16% below HPI
2003 22 AUG	£245,000	£263,943	7% below HPI

12 COXON 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 four 12 COXON DRIVE sales between August 2003 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 June 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 12 COXON DRIVE be worth now?

12 COXON DRIVE might now be worth an estimated £451,722.

This is based on house price inflation of 1.5%, between June 2024 and December 2024, 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 1.5% inflationary increase is applied to the most recent sale price for 12 COXON DRIVE of £445,000 on 12th June 2024. For the value to have increased from £445,000 to £451,722 over the six months to December 2024, the following assumptions must hold true:

• The value of 12 COXON DRIVE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The June 2024 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 12 COXON DRIVE has not materially changed since June 2024.

How Large is 12 COXON DRIVE?

12 COXON DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chafford Hundred, and where 12 COXON DRIVE lies on this distribution: 25% of detached houses houses are smaller than 12 COXON DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

12 COXON DRIVE: Plot and Title Map

12 COXON DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 12 COXON 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 12 COXON 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 12 COXON DRIVE?

12 COXON DRIVE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 12 on COXON DRIVE.