16, STAFFORD CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6ND - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 STAFFORD CLOSE is a very small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £425,000 in December 2020, which was around 22% below the average December 2020 detached price in the Thurrock local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

16 STAFFORD CLOSE Sold Prices

Land registry data shows two sales for 16 STAFFORD 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. One of the two 16 STAFFORD 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
2020 4 DEC	£425,000	£547,657	22% below HPI
1997 16 DEC	£119,950	£104,997	14% above HPI

16 STAFFORD 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 16 STAFFORD CLOSE sales from December 1997 and December 2020 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 December 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 STAFFORD CLOSE?

16 STAFFORD CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of detached houses in South Stifford, based on EPC data. The below chart shows the distribution of detached houses by size in South Stifford, and where 16 STAFFORD CLOSE lies on this distribution: 20% of detached houses are smaller than 16 STAFFORD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

16 STAFFORD CLOSE: Plot and Title Map

16 STAFFORD CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 16 STAFFORD 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 STAFFORD 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 STAFFORD CLOSE?

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