40, CAREW CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6RZ - £483,000

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

40 CAREW CLOSE is a very large detached house of 156m², built sometime between 1996 and 2002. It was last sold for £483,000 in May 2017, which was around 2% above the average May 2017 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

40 CAREW CLOSE Sold Prices

Land registry data shows two sales for 40 CAREW 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 40 CAREW 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
2017 11 MAY	£483,000	£474,504	2% above HPI
2015 28 AUG	£475,000	£402,798	18% above HPI

40 CAREW 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 40 CAREW CLOSE sales from August 2015 and May 2017 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 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 40 CAREW CLOSE?

40 CAREW CLOSE is 156m² according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of detached houses by size in Chafford Hundred, and where 40 CAREW CLOSE lies on this distribution: 83% of detached houses are smaller than 40 CAREW CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

40 CAREW CLOSE: Plot and Title Map

40 CAREW CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 40 CAREW 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 40 CAREW 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 40 CAREW CLOSE?

40 CAREW CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 40 on CAREW CLOSE.