15, PARNELL CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6BQ - £270,000

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.

15 PARNELL CLOSE is a small detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £564,655. It was last sold for £270,000 in October 2009, which was around 6% below the average October 2009 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

15 PARNELL CLOSE Sold Prices

Land registry data shows two sales for 15 PARNELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Both of the two 15 PARNELL 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
2009 7 OCT	£270,000	£287,328	6% below HPI
2002 28 JUN	£204,250	£209,393	2% below HPI

15 PARNELL 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 two 15 PARNELL CLOSE sales from June 2002 and October 2009 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 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2009 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 15 PARNELL CLOSE be worth now?

15 PARNELL CLOSE might now be worth an estimated £564,655.

This is based on house price inflation of 109.1%, between October 2009 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 109.1% inflationary increase is applied to the most recent sale price for 15 PARNELL CLOSE of £270,000 on 7th October 2009. For the value to have increased from £270,000 to £564,655 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 PARNELL CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The October 2009 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARNELL CLOSE has not materially changed since October 2009.

How Large is 15 PARNELL CLOSE?

15 PARNELL CLOSE is 104m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 40% 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 15 PARNELL CLOSE lies on this distribution: 32% of detached houses houses are smaller than 15 PARNELL CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

15 PARNELL CLOSE: Plot and Title Map

15 PARNELL CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 15 PARNELL 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 15 PARNELL 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 15 PARNELL CLOSE?

15 PARNELL CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 15 on PARNELL CLOSE.