2, SHELFORD CLOSE, ORSETT, GRAYS, RM16 3HN - £385,000

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 SHELFORD CLOSE is a small detached house of 125m², built sometime between 2003 and 2006, which could now be worth an estimated £741,254. It was last sold for £385,000 in August 2013, which was around 23% above the average August 2013 detached price in the Thurrock local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

2 SHELFORD CLOSE Sold Prices

Land registry data shows four sales for 2 SHELFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the four 2 SHELFORD 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
2013 31 AUG	£385,000	£312,098	23% above HPI
2007 27 MAR	£387,500	£307,614	26% above HPI
2006 22 DEC	£375,000	£297,426	26% above HPI
2004 15 NOV	£359,995	£294,674	22% above HPI

2 SHELFORD 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 four 2 SHELFORD CLOSE sales between November 2004 and August 2013 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 March 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2013 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 SHELFORD CLOSE be worth now?

2 SHELFORD CLOSE might now be worth an estimated £741,254.

This is based on house price inflation of 92.5%, between August 2013 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 92.5% inflationary increase is applied to the most recent sale price for 2 SHELFORD CLOSE of £385,000 on 31st August 2013. For the value to have increased from £385,000 to £741,254 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 2 SHELFORD CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The August 2013 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHELFORD CLOSE has not materially changed since August 2013.

How Large is 2 SHELFORD CLOSE?

2 SHELFORD CLOSE is 125m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses houses in Orsett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Orsett, and where 2 SHELFORD CLOSE lies on this distribution: 20% of detached houses houses are smaller than 2 SHELFORD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Orsett.

2 SHELFORD CLOSE: Plot and Title Map

2 SHELFORD CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 2 SHELFORD 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 2 SHELFORD 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 2 SHELFORD CLOSE?

2 SHELFORD CLOSE is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 2 on SHELFORD CLOSE.