20, CHANCE CLOSE, GRAYS, RM16 6QE - £410,000

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.

20 CHANCE CLOSE is a small extended semi-detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £406,611. It was last sold for £410,000 in September 2022, which was around 1% above the average September 2022 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

20 CHANCE CLOSE Sold Prices

Land registry data shows four sales for 20 CHANCE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. Most of the four 20 CHANCE 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
2022 12 SEP	£410,000	£407,596	1% above HPI
2022 26 MAY	£320,000	£388,195	18% below HPI
2005 1 JUL	£218,000	£189,720	15% above HPI
1998 20 OCT	£83,000	£70,538	18% above HPI

20 CHANCE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thurrock local authority area over time, sourced from the HPI. The four 20 CHANCE CLOSE sales between October 1998 and September 2022 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 May 2022 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 20 CHANCE CLOSE be worth now?

20 CHANCE CLOSE might now be worth an estimated £406,611.

This is based on house price deflation of 0.8%, between September 2022 and February 2025, for semi-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 0.8% deflationary decrease is applied to the most recent sale price for 20 CHANCE CLOSE of £410,000 on 12th September 2022. For the value to have decreased from £410,000 to £406,611 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 20 CHANCE CLOSE has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The September 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 20 CHANCE CLOSE has not materially changed since September 2022.

How Large is 20 CHANCE CLOSE?

20 CHANCE CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of semi-detached houses houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chafford Hundred, and where 20 CHANCE CLOSE lies on this distribution: 22% of semi-detached houses houses are smaller than 20 CHANCE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

20 CHANCE CLOSE: Plot and Title Map

20 CHANCE CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 20 CHANCE 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 20 CHANCE 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 20 CHANCE CLOSE?

20 CHANCE CLOSE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 20 on CHANCE CLOSE.