45, LANCASTER ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6EA - £345,000

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

45 LANCASTER ROAD is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £345,000 in June 2017, which was around 27% below the average June 2017 detached price in the Thurrock local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

45 LANCASTER ROAD Sold Prices

Land registry data shows two sales for 45 LANCASTER ROAD 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 45 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
2017 16 JUN	£345,000	£474,224	27% below HPI
2002 20 DEC	£199,950	£239,930	17% below HPI

45 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 two 45 LANCASTER ROAD sales from December 2002 and June 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 December 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 45 LANCASTER ROAD?

45 LANCASTER ROAD is 83m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% 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 45 LANCASTER ROAD lies on this distribution: 13% of detached houses are smaller than 45 LANCASTER ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

45 LANCASTER ROAD: Plot and Title Map

45 LANCASTER ROAD sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 45 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 45 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 45 LANCASTER ROAD?

45 LANCASTER ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 45 on LANCASTER ROAD.