14, EDWARD CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6GZ - £250,000

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.

14 EDWARD CLOSE is a very small detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £504,091. It was last sold for £250,000 in October 2006, which was around 16% below the average October 2006 detached price in the Thurrock local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

14 EDWARD CLOSE Sold Prices

Land registry data shows three sales for 14 EDWARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the three 14 EDWARD 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
2006 12 OCT	£250,000	£298,008	16% below HPI
2004 19 FEB	£220,000	£274,144	20% below HPI
1999 3 DEC	£128,500	£129,454	1% below HPI

14 EDWARD 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 three 14 EDWARD CLOSE sales between December 1999 and October 2006 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2006 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 14 EDWARD CLOSE be worth now?

14 EDWARD CLOSE might now be worth an estimated £504,091.

This is based on house price inflation of 101.6%, between October 2006 and February 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 101.6% inflationary increase is applied to the most recent sale price for 14 EDWARD CLOSE of £250,000 on 12th October 2006. For the value to have increased from £250,000 to £504,091 over the nineteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 EDWARD CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The October 2006 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 14 EDWARD CLOSE has not materially changed since October 2006.

How Large is 14 EDWARD CLOSE?

14 EDWARD CLOSE is 83m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses houses in South Stifford, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Stifford, and where 14 EDWARD CLOSE lies on this distribution: 13% of detached houses houses are smaller than 14 EDWARD CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

14 EDWARD CLOSE: Plot and Title Map

14 EDWARD CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 14 EDWARD 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 14 EDWARD 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 14 EDWARD CLOSE?

14 EDWARD CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 14 on EDWARD CLOSE.