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

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 STAFFORD CLOSE is a very small extended detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £470,004. 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	£543,356	22% below HPI
1997 16 DEC	£119,950	£104,172	15% 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 15% above the HPI. So the extrapolation line tracks at 15% 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.

What might 16 STAFFORD CLOSE be worth now?

16 STAFFORD CLOSE might now be worth an estimated £470,004.

This is based on house price inflation of 10.6%, between December 2020 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 10.6% inflationary increase is applied to the most recent sale price for 16 STAFFORD CLOSE of £425,000 on 4th December 2020. For the value to have increased from £425,000 to £470,004 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 STAFFORD CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The December 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 16 STAFFORD CLOSE has not materially changed since December 2020.

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 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 STAFFORD CLOSE lies on this distribution: 19% of detached houses 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.