41, LANCASTER ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6EA - £390,000

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

41 LANCASTER ROAD is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £390,000 in September 2021, which was around 30% below the average September 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

41 LANCASTER ROAD Sold Prices

Land registry data shows three sales for 41 LANCASTER ROAD 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 41 LANCASTER ROAD 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
2021 29 SEP	£390,000	£554,132	30% below HPI
2017 7 AUG	£330,000	£489,520	33% below HPI
2002 20 DEC	£174,950	£239,930	27% below HPI

41 LANCASTER ROAD 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 41 LANCASTER ROAD sales between December 2002 and September 2021 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 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 41 LANCASTER ROAD?

41 LANCASTER ROAD is 94m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 41 LANCASTER ROAD lies on this distribution: 22% of detached houses are smaller than 41 LANCASTER ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

41 LANCASTER ROAD: Plot and Title Map

41 LANCASTER ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 41 LANCASTER ROAD, 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 41 LANCASTER ROAD). 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 41 LANCASTER ROAD?

41 LANCASTER ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 41 on LANCASTER ROAD.