27, FOUNES DRIVE, CHAFFORD HUNDRED, GRAYS, RM16 6DT - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 FOUNES DRIVE is a small detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £505,069. It was last sold for £235,000 in July 2009, which was around 15% below the average July 2009 detached price in the Thurrock local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

27 FOUNES DRIVE Sold Prices

Land registry data shows three sales for 27 FOUNES DRIVE 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 27 FOUNES 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
2009 9 JUL	£235,000	£276,106	15% below HPI
2005 24 FEB	£234,000	£284,387	18% below HPI
2003 3 MAR	£228,750	£250,343	9% below HPI

27 FOUNES 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 three 27 FOUNES DRIVE sales between March 2003 and July 2009 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 February 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2009 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 27 FOUNES DRIVE be worth now?

27 FOUNES DRIVE might now be worth an estimated £505,069.

This is based on house price inflation of 114.9%, between July 2009 and December 2024, 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 114.9% inflationary increase is applied to the most recent sale price for 27 FOUNES DRIVE of £235,000 on 9th July 2009. For the value to have increased from £235,000 to £505,069 over the fourteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 27 FOUNES DRIVE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The July 2009 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 27 FOUNES DRIVE has not materially changed since July 2009.

How Large is 27 FOUNES DRIVE?

27 FOUNES DRIVE is 105m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% 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 27 FOUNES DRIVE lies on this distribution: 33% of detached houses houses are smaller than 27 FOUNES DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

27 FOUNES DRIVE: Plot and Title Map

27 FOUNES DRIVE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 27 FOUNES 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 27 FOUNES 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 27 FOUNES DRIVE?

27 FOUNES DRIVE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 27 on FOUNES DRIVE.