13, THE CLOSE, GRAYS, RM16 2XU - £280,000

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.

13 THE CLOSE is a small extended semi-detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £399,503. It was last sold for £280,000 in February 2016, which was around 1% below the average February 2016 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

13 THE CLOSE Sold Prices

Land registry data shows two sales for 13 THE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. One of the two 13 THE CLOSE sales was for below the average price, whilst the other 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
2016 19 FEB	£280,000	£283,311	1% below HPI
2005 7 OCT	£245,000	£188,941	30% above HPI

13 THE CLOSE 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 two 13 THE CLOSE sales from October 2005 and February 2016 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 2005 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 13 THE CLOSE be worth now?

13 THE CLOSE might now be worth an estimated £399,503.

This is based on house price inflation of 42.7%, between February 2016 and February 2025, 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 42.7% inflationary increase is applied to the most recent sale price for 13 THE CLOSE of £280,000 on 19th February 2016. For the value to have increased from £280,000 to £399,503 over the nine years to February 2025, the following assumptions must hold true:

• The value of 13 THE CLOSE has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The February 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 13 THE CLOSE has not materially changed since February 2016.

How Large is 13 THE CLOSE?

13 THE CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of semi-detached houses houses in Grays, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grays, and where 13 THE CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 13 THE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Grays.

13 THE CLOSE: Plot and Title Map

13 THE CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 13 THE 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 13 THE 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 13 THE CLOSE?

13 THE CLOSE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 13 on THE CLOSE.