23, EDWARD CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6GZ - £465,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 EDWARD CLOSE is a very small detached house of 86m², built sometime between 2003 and 2006. It was last sold for £465,000 in October 2022, which was around 25% below the average October 2022 detached price in the Thurrock local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

23 EDWARD CLOSE Sold Prices

Land registry data shows three sales for 23 EDWARD 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 23 EDWARD CLOSE 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
2022 14 OCT	£465,000	£622,307	25% below HPI
2003 16 APR	£198,000	£253,950	22% below HPI
1999 12 NOV	£125,950	£127,892	2% below HPI

23 EDWARD 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 23 EDWARD CLOSE sales between November 1999 and October 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 April 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 23 EDWARD CLOSE?

23 EDWARD CLOSE is 86m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in South Stifford, based on EPC data. The below chart shows the distribution of detached houses by size in South Stifford, and where 23 EDWARD CLOSE lies on this distribution: 17% of detached houses are smaller than 23 EDWARD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

23 EDWARD CLOSE: Plot and Title Map

23 EDWARD CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 23 EDWARD 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 23 EDWARD 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 23 EDWARD CLOSE?

23 EDWARD CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 23 on EDWARD CLOSE.