3, ASHBY CLOSE, ORSETT, GRAYS, RM16 3DX - £350,000

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.

3 ASHBY CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £424,235. It was last sold for £350,000 in October 2017, which was around 29% below the average October 2017 detached price in the Thurrock local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

3 ASHBY CLOSE Sold Prices

Land registry data shows two sales for 3 ASHBY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Both of the two 3 ASHBY 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
2017 5 OCT	£350,000	£495,745	29% below HPI
2004 30 JAN	£220,000	£273,246	19% below HPI

3 ASHBY 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 two 3 ASHBY CLOSE sales from January 2004 and October 2017 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 January 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 ASHBY CLOSE be worth now?

3 ASHBY CLOSE might now be worth an estimated £424,235.

This is based on house price inflation of 21.2%, between October 2017 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 21.2% inflationary increase is applied to the most recent sale price for 3 ASHBY CLOSE of £350,000 on 5th October 2017. For the value to have increased from £350,000 to £424,235 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 ASHBY CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The October 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ASHBY CLOSE has not materially changed since October 2017.

How Large is 3 ASHBY CLOSE?

3 ASHBY CLOSE is 73m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southfields, and where 3 ASHBY CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 ASHBY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Southfields.

3 ASHBY CLOSE: Plot and Title Map

3 ASHBY CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 3 ASHBY 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 3 ASHBY 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 3 ASHBY CLOSE?

3 ASHBY CLOSE is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 3 on ASHBY CLOSE.