2, CARDINAL ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6DW - £450,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 CARDINAL ROAD is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £450,000 in September 2023, which was around 27% below the average September 2023 detached price in the Thurrock local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

2 CARDINAL ROAD Sold Prices

Land registry data shows two sales for 2 CARDINAL ROAD 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 2 CARDINAL ROAD 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
2023 8 SEP	£450,000	£619,773	27% below HPI
2002 8 NOV	£236,500	£230,618	3% above HPI

2 CARDINAL ROAD 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 2 CARDINAL ROAD sales from November 2002 and September 2023 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 November 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 CARDINAL ROAD?

2 CARDINAL ROAD is 110m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of detached houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of detached houses by size in Chafford Hundred, and where 2 CARDINAL ROAD lies on this distribution: 41% of detached houses are smaller than 2 CARDINAL ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

2 CARDINAL ROAD: Plot and Title Map

2 CARDINAL ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 2 CARDINAL ROAD, 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 2 CARDINAL ROAD). 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 2 CARDINAL ROAD?

2 CARDINAL ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 2 on CARDINAL ROAD.