24, GILBERT ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6NR - £365,000

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.

24 GILBERT ROAD is a midsized detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £596,113. It was last sold for £365,000 in February 2015, which was around 1% below the average February 2015 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

24 GILBERT ROAD Sold Prices

Land registry data shows three sales for 24 GILBERT ROAD 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. Two of the three 24 GILBERT ROAD sales were for below the average price, whilst one 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
2015 6 FEB	£365,000	£367,927	1% below HPI
2005 26 SEP	£275,000	£294,732	7% below HPI
1996 15 NOV	£111,000	£93,914	18% above HPI

24 GILBERT 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 three 24 GILBERT ROAD sales between November 1996 and February 2015 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 September 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 24 GILBERT ROAD be worth now?

24 GILBERT ROAD might now be worth an estimated £596,113.

This is based on house price inflation of 63.3%, between February 2015 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 63.3% inflationary increase is applied to the most recent sale price for 24 GILBERT ROAD of £365,000 on 6th February 2015. For the value to have increased from £365,000 to £596,113 over the ten years to February 2025, the following assumptions must hold true:

• The value of 24 GILBERT ROAD has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The February 2015 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GILBERT ROAD has not materially changed since February 2015.

How Large is 24 GILBERT ROAD?

24 GILBERT ROAD is 113m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses houses in South Stifford, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Stifford, and where 24 GILBERT ROAD lies on this distribution: 48% of detached houses houses are smaller than 24 GILBERT ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

24 GILBERT ROAD: Plot and Title Map

24 GILBERT ROAD sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 24 GILBERT 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 24 GILBERT 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 24 GILBERT ROAD?

24 GILBERT ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 24 on GILBERT ROAD.