40, FOUNES DRIVE, CHAFFORD HUNDRED, GRAYS, RM16 6DU - £390,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

40 FOUNES DRIVE is a very large detached house of 206m², built sometime between 1996 and 2002. It was last sold for £390,000 in August 2014, which was around 13% above the average August 2014 detached price in the Thurrock local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.

40 FOUNES DRIVE Sold Prices

Land registry data shows four sales for 40 FOUNES DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the four 40 FOUNES DRIVE 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
2014 22 AUG	£390,000	£344,800	13% above HPI
2005 25 OCT	£340,000	£293,818	16% above HPI
2005 26 MAY	£340,000	£286,030	19% above HPI
2002 11 OCT	£342,750	£222,369	54% above HPI

40 FOUNES DRIVE 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 four 40 FOUNES DRIVE sales between October 2002 and August 2014 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 October 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2014 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 40 FOUNES DRIVE?

40 FOUNES DRIVE is 206m² according to the EPC inspection conducted in April 2014. This puts it in the largest 10% 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 FOUNES DRIVE lies on this distribution: 97% of detached houses are smaller than 40 FOUNES DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

40 FOUNES DRIVE: Plot and Title Map

40 FOUNES DRIVE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 40 FOUNES DRIVE, 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 FOUNES DRIVE). 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 FOUNES DRIVE?

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