12, FOUNES DRIVE, CHAFFORD HUNDRED, GRAYS, RM16 6DU - £370,000

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 FOUNES DRIVE is a very large semi-detached house of 174m², built sometime between 1996 and 2002, which could now be worth an estimated £685,620. It was last sold for £370,000 in June 2014, which was around 72% above the average June 2014 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

12 FOUNES DRIVE Sold Prices

Land registry data shows four sales for 12 FOUNES DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. All of the four 12 FOUNES DRIVE 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
2014 26 JUN	£370,000	£215,712	72% above HPI
2010 7 OCT	£335,000	£196,088	71% above HPI
2006 20 JAN	£308,000	£186,820	65% above HPI
2003 31 MAR	£280,950	£152,324	84% above HPI

12 FOUNES DRIVE 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 four 12 FOUNES DRIVE sales between March 2003 and June 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 October 2010 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the June 2014 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 12 FOUNES DRIVE be worth now?

12 FOUNES DRIVE might now be worth an estimated £685,620.

This is based on house price inflation of 85.3%, between June 2014 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 85.3% inflationary increase is applied to the most recent sale price for 12 FOUNES DRIVE of £370,000 on 26th June 2014. For the value to have increased from £370,000 to £685,620 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 12 FOUNES DRIVE has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The June 2014 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FOUNES DRIVE has not materially changed since June 2014.

How Large is 12 FOUNES DRIVE?

12 FOUNES DRIVE is 174m² according to the EPC inspection conducted in October 2013. This puts it in the largest 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 12 FOUNES DRIVE lies on this distribution: 91% of semi-detached houses houses are smaller than 12 FOUNES DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

12 FOUNES DRIVE: Plot and Title Map

12 FOUNES DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 12 FOUNES 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 FOUNES 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 FOUNES DRIVE?

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