16, HEPBURN CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6LZ - £570,000

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.

16 HEPBURN CLOSE is a very large detached house of 147m², built sometime between 1996 and 2002, which could now be worth an estimated £649,262. It was last sold for £570,000 in March 2021, which was around 8% above the average March 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

16 HEPBURN CLOSE Sold Prices

Land registry data shows four sales for 16 HEPBURN CLOSE 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 16 HEPBURN CLOSE 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
2021 19 MAR	£570,000	£527,536	8% above HPI
2020 2 OCT	£570,000	£531,135	7% above HPI
2003 11 SEP	£314,000	£268,774	17% above HPI
1998 11 DEC	£184,950	£114,334	62% above HPI

16 HEPBURN 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 four 16 HEPBURN CLOSE sales between December 1998 and March 2021 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 2020 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 16 HEPBURN CLOSE be worth now?

16 HEPBURN CLOSE might now be worth an estimated £649,262.

This is based on house price inflation of 13.9%, between March 2021 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 13.9% inflationary increase is applied to the most recent sale price for 16 HEPBURN CLOSE of £570,000 on 19th March 2021. For the value to have increased from £570,000 to £649,262 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 16 HEPBURN CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The March 2021 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HEPBURN CLOSE has not materially changed since March 2021.

How Large is 16 HEPBURN CLOSE?

16 HEPBURN CLOSE is 147m² according to the EPC inspection conducted in September 2020. This puts it in the largest 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 16 HEPBURN CLOSE lies on this distribution: 83% of detached houses houses are smaller than 16 HEPBURN CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

16 HEPBURN CLOSE: Plot and Title Map

16 HEPBURN CLOSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 16 HEPBURN 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 16 HEPBURN 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 16 HEPBURN CLOSE?

16 HEPBURN CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 16 on HEPBURN CLOSE.