4, FRANCISCO CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6YD - £465,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 FRANCISCO CLOSE is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £465,000 in January 2019, which was around 9% below the average January 2019 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

4 FRANCISCO CLOSE Sold Prices

Land registry data shows five sales for 4 FRANCISCO CLOSE 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 4 FRANCISCO 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
2019 11 JAN	£465,000	£512,860	9% below HPI
2018 31 AUG	£500,000	£518,046	3% below HPI
2006 17 NOV	£290,000	£300,402	3% below HPI
2001 5 JAN	£173,000	£159,799	8% above HPI
1998 5 JUN	£128,950	£114,221	13% above HPI

4 FRANCISCO 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 five 4 FRANCISCO CLOSE sales between June 1998 and January 2019 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 August 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 4 FRANCISCO CLOSE?

4 FRANCISCO CLOSE is 90m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% 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 4 FRANCISCO CLOSE lies on this distribution: 19% of detached houses are smaller than 4 FRANCISCO CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

4 FRANCISCO CLOSE: Plot and Title Map

4 FRANCISCO CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 4 FRANCISCO 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 4 FRANCISCO 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 4 FRANCISCO CLOSE?

4 FRANCISCO CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 4 on FRANCISCO CLOSE.