2, COXON DRIVE, CHAFFORD HUNDRED, GRAYS, RM16 6DY - £335,000

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.

2 COXON DRIVE is a very small detached house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £396,778. It was last sold for £335,000 in February 2020, which was around 34% below the average February 2020 detached price in the Thurrock local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

2 COXON DRIVE Sold Prices

Land registry data shows two sales for 2 COXON DRIVE 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. Both of the two 2 COXON DRIVE sales were for below 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 21 FEB	£335,000	£507,335	34% below HPI
2003 27 JUN	£220,000	£259,081	15% below HPI

2 COXON DRIVE 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 COXON DRIVE sales from June 2003 and February 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 June 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2 COXON DRIVE be worth now?

2 COXON DRIVE might now be worth an estimated £396,778.

This is based on house price inflation of 18.4%, between February 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 18.4% inflationary increase is applied to the most recent sale price for 2 COXON DRIVE of £335,000 on 21st February 2020. For the value to have increased from £335,000 to £396,778 over the five years to February 2025, the following assumptions must hold true:

• The value of 2 COXON DRIVE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The February 2020 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COXON DRIVE has not materially changed since February 2020.

How Large is 2 COXON DRIVE?

2 COXON DRIVE is 77m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chafford Hundred, and where 2 COXON DRIVE lies on this distribution: 8% of detached houses houses are smaller than 2 COXON DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

2 COXON DRIVE: Plot and Title Map

2 COXON DRIVE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 2 COXON DRIVE, 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 COXON DRIVE). 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 COXON DRIVE?

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