3, CROUCHMAN CLOSE, GRAYS, RM16 2XQ - £250,000

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

3 CROUCHMAN CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £250,000 in January 2014, which was around 22% below the average January 2014 detached price in the Thurrock local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

3 CROUCHMAN CLOSE Sold Prices

Land registry data shows two sales for 3 CROUCHMAN 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 CROUCHMAN 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
2014 30 JAN	£250,000	£322,390	22% below HPI
2002 19 JUL	£165,000	£215,165	23% below HPI

3 CROUCHMAN 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 CROUCHMAN CLOSE sales from July 2002 and January 2014 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 July 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 CROUCHMAN CLOSE be worth now?

3 CROUCHMAN CLOSE might now be worth an estimated £460,169.

This is based on house price inflation of 84.1%, between January 2014 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 84.1% inflationary increase is applied to the most recent sale price for 3 CROUCHMAN CLOSE of £250,000 on 30th January 2014. For the value to have increased from £250,000 to £460,169 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 3 CROUCHMAN CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The January 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CROUCHMAN CLOSE has not materially changed since January 2014.

How Large is 3 CROUCHMAN CLOSE?

3 CROUCHMAN CLOSE is 73m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses houses in Grays, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grays, and where 3 CROUCHMAN CLOSE lies on this distribution: 8% of detached houses houses are smaller than 3 CROUCHMAN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Grays.

3 CROUCHMAN CLOSE: Plot and Title Map

3 CROUCHMAN CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 3 CROUCHMAN 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 CROUCHMAN 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 CROUCHMAN CLOSE?

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