43, FRANCISCO CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6YE - £375,000

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.

43 FRANCISCO CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £449,835. It was last sold for £375,000 in May 2019, which was around 25% below the average May 2019 detached price in the Thurrock local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

43 FRANCISCO CLOSE Sold Prices

Land registry data shows five sales for 43 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. All of the five 43 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 29 MAY	£375,000	£500,928	25% below HPI
2008 29 MAY	£245,000	£324,509	25% below HPI
2006 28 MAR	£220,000	£286,936	23% below HPI
2001 15 OCT	£141,500	£185,311	24% below HPI
1998 30 SEP	£105,995	£112,287	6% below HPI

43 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 43 FRANCISCO CLOSE sales between September 1998 and May 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 May 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2019 sale, which was also at 25% below the HPI.

What might 43 FRANCISCO CLOSE be worth now?

43 FRANCISCO CLOSE might now be worth an estimated £449,835.

This is based on house price inflation of 20%, between May 2019 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 20% inflationary increase is applied to the most recent sale price for 43 FRANCISCO CLOSE of £375,000 on 29th May 2019. For the value to have increased from £375,000 to £449,835 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 43 FRANCISCO CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The May 2019 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 43 FRANCISCO CLOSE has not materially changed since May 2019.

How Large is 43 FRANCISCO CLOSE?

43 FRANCISCO CLOSE is 77m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% 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 43 FRANCISCO CLOSE lies on this distribution: 4% of detached houses houses are smaller than 43 FRANCISCO CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

43 FRANCISCO CLOSE: Plot and Title Map

43 FRANCISCO CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 43 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 43 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 43 FRANCISCO CLOSE?

43 FRANCISCO CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 43 on FRANCISCO CLOSE.