31, VICTORY CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6RT - £337,000

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

31 VICTORY CLOSE is a large extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £337,000 in December 2011, which was around 10% above the average December 2011 detached price in the Thurrock local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

31 VICTORY CLOSE Sold Prices

Land registry data shows three sales for 31 VICTORY CLOSE 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 31 VICTORY CLOSE 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
2011 15 DEC	£337,000	£307,397	10% above HPI
2001 30 NOV	£230,000	£190,938	20% above HPI
2000 30 JUN	£183,995	£147,706	25% above HPI

31 VICTORY 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 three 31 VICTORY CLOSE sales between June 2000 and December 2011 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 November 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2011 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 31 VICTORY CLOSE?

31 VICTORY CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% 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 31 VICTORY CLOSE lies on this distribution: 76% of detached houses are smaller than 31 VICTORY CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

31 VICTORY CLOSE: Plot and Title Map

31 VICTORY CLOSE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 31 VICTORY 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 31 VICTORY 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 31 VICTORY CLOSE?

31 VICTORY CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 31 on VICTORY CLOSE.