3, LANCASTER ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6EA - £308,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 LANCASTER ROAD is a very small semi-detached house of 71m², built sometime between 2003 and 2006. It was last sold for £308,000 in July 2016, which was around 34% below the average July 2016 detached price in the Thurrock local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

3 LANCASTER ROAD Sold Prices

Land registry data shows two sales for 3 LANCASTER ROAD 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 LANCASTER ROAD 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
2016 22 JUL	£308,000	£468,894	34% below HPI
2003 27 JUN	£179,950	£261,132	31% below HPI

3 LANCASTER 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 two 3 LANCASTER ROAD sales from June 2003 and July 2016 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 June 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 LANCASTER ROAD?

3 LANCASTER ROAD is 71m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% 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 3 LANCASTER ROAD lies on this distribution: 3% of detached houses are smaller than 3 LANCASTER ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

3 LANCASTER ROAD: Plot and Title Map

3 LANCASTER ROAD sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 3 LANCASTER 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 3 LANCASTER 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 3 LANCASTER ROAD?

3 LANCASTER ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 3 on LANCASTER ROAD.