42, NORFOLK PLACE, CHAFFORD HUNDRED, GRAYS, RM16 6DE - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 NORFOLK PLACE is a very large detached house of 142m², built sometime between 1996 and 2002, which could now be worth an estimated £634,512. It was last sold for £550,000 in August 2020, which was around 6% above the average August 2020 detached price in the Thurrock local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

42 NORFOLK PLACE Sold Prices

Land registry data shows three sales for 42 NORFOLK PLACE 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. Two of the three 42 NORFOLK PLACE sales were for above the average price, whilst one was 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
2020 25 AUG	£550,000	£520,859	6% above HPI
2020 28 FEB	£365,000	£507,335	28% below HPI
2002 20 DEC	£299,995	£238,046	26% above HPI

42 NORFOLK PLACE 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 42 NORFOLK PLACE sales between December 2002 and August 2020 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 February 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 42 NORFOLK PLACE be worth now?

42 NORFOLK PLACE might now be worth an estimated £634,512.

This is based on house price inflation of 15.4%, between August 2020 and February 2025, for detached houses, in the Thurrock local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.4% inflationary increase is applied to the most recent sale price for 42 NORFOLK PLACE of £550,000 on 25th August 2020. For the value to have increased from £550,000 to £634,512 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 42 NORFOLK PLACE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The August 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 42 NORFOLK PLACE has not materially changed since August 2020.

How Large is 42 NORFOLK PLACE?

42 NORFOLK PLACE is 142m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses houses in South Stifford, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Stifford, and where 42 NORFOLK PLACE lies on this distribution: 80% of detached houses houses are smaller than 42 NORFOLK PLACE, and 20% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

42 NORFOLK PLACE: Plot and Title Map

42 NORFOLK PLACE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 42 NORFOLK PLACE, 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 42 NORFOLK PLACE). 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 42 NORFOLK PLACE?

42 NORFOLK PLACE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 42 on NORFOLK PLACE.