3, NORFOLK PLACE, CHAFFORD HUNDRED, GRAYS, RM16 6DE - £420,000

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 NORFOLK PLACE is a large extended detached house of 123m², built sometime from 2007 onwards, which could now be worth an estimated £572,683. It was last sold for £420,000 in March 2016, which was around 5% below the average March 2016 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

3 NORFOLK PLACE Sold Prices

Land registry data shows five sales for 3 NORFOLK PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Most of the five 3 NORFOLK PLACE sales were 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
2016 30 MAR	£420,000	£440,689	5% below HPI
2014 10 FEB	£330,000	£321,728	3% above HPI
2011 11 MAY	£335,000	£298,529	12% above HPI
2006 28 MAR	£282,500	£286,936	2% below HPI
2002 28 JUN	£214,995	£209,393	3% above HPI

3 NORFOLK PLACE 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 five 3 NORFOLK PLACE sales between June 2002 and March 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 February 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 NORFOLK PLACE be worth now?

3 NORFOLK PLACE might now be worth an estimated £572,683.

This is based on house price inflation of 36.4%, between March 2016 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 36.4% inflationary increase is applied to the most recent sale price for 3 NORFOLK PLACE of £420,000 on 30th March 2016. For the value to have increased from £420,000 to £572,683 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 3 NORFOLK PLACE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The March 2016 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NORFOLK PLACE has not materially changed since March 2016.

How Large is 3 NORFOLK PLACE?

3 NORFOLK PLACE is 123m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 40% 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 3 NORFOLK PLACE lies on this distribution: 61% of detached houses houses are smaller than 3 NORFOLK PLACE, and 38% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

3 NORFOLK PLACE: Plot and Title Map

3 NORFOLK PLACE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 3 NORFOLK PLACE, 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 NORFOLK PLACE). 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 NORFOLK PLACE?

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