17, HEPBURN CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6LZ - £577,500

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.

17 HEPBURN CLOSE is a very large extended detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £692,746. It was last sold for £577,500 in May 2019, which was around 15% above the average May 2019 detached price in the Thurrock local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

17 HEPBURN CLOSE Sold Prices

Land registry data shows three sales for 17 HEPBURN 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 17 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
2019 3 MAY	£577,500	£500,928	15% above HPI
2006 17 AUG	£367,000	£293,186	25% above HPI
1998 30 SEP	£199,950	£112,287	78% above HPI

17 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 three 17 HEPBURN CLOSE sales between September 1998 and May 2019 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 August 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 17 HEPBURN CLOSE be worth now?

17 HEPBURN CLOSE might now be worth an estimated £692,746.

This is based on house price inflation of 20%, between May 2019 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 20% inflationary increase is applied to the most recent sale price for 17 HEPBURN CLOSE of £577,500 on 3rd May 2019. For the value to have increased from £577,500 to £692,746 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 17 HEPBURN CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The May 2019 sale price of £577,500 represented a fair market value for the property.
• The size, condition, and specification of 17 HEPBURN CLOSE has not materially changed since May 2019.

How Large is 17 HEPBURN CLOSE?

17 HEPBURN CLOSE is 146m², which includes one extension, according to the EPC inspection conducted in January 2019. 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 17 HEPBURN CLOSE lies on this distribution: 82% of detached houses houses are smaller than 17 HEPBURN CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

17 HEPBURN CLOSE: Plot and Title Map

17 HEPBURN CLOSE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 17 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 17 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 17 HEPBURN CLOSE?

17 HEPBURN CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 17 on HEPBURN CLOSE.