5, CHICHESTER CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6DJ - £600,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 CHICHESTER CLOSE is a very large detached house of 172m², built sometime between 2003 and 2006, which could now be worth an estimated £710,827. It was last sold for £600,000 in March 2020, which was around 18% above the average March 2020 detached price in the Thurrock local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

5 CHICHESTER CLOSE Sold Prices

Land registry data shows three sales for 5 CHICHESTER CLOSE 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 5 CHICHESTER CLOSE 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
2020 10 MAR	£600,000	£507,206	18% above HPI
2012 18 JUL	£466,000	£300,932	55% above HPI
2003 31 JAN	£399,995	£248,176	61% above HPI

5 CHICHESTER 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 three 5 CHICHESTER CLOSE sales between January 2003 and March 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 July 2012 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the March 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 5 CHICHESTER CLOSE be worth now?

5 CHICHESTER CLOSE might now be worth an estimated £710,827.

This is based on house price inflation of 18.5%, between March 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 18.5% inflationary increase is applied to the most recent sale price for 5 CHICHESTER CLOSE of £600,000 on 10th March 2020. For the value to have increased from £600,000 to £710,827 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 5 CHICHESTER CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The March 2020 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHICHESTER CLOSE has not materially changed since March 2020.

How Large is 5 CHICHESTER CLOSE?

5 CHICHESTER CLOSE is 172m² according to the EPC inspection conducted in January 2012. This puts it in the largest 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 5 CHICHESTER CLOSE lies on this distribution: 96% of detached houses houses are smaller than 5 CHICHESTER CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

5 CHICHESTER CLOSE: Plot and Title Map

5 CHICHESTER CLOSE sits on a plot of roughly 0.278 of an acre, or 1,124m². The below map shows the location of 5 CHICHESTER 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 5 CHICHESTER 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 5 CHICHESTER CLOSE?

5 CHICHESTER CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 5 on CHICHESTER CLOSE.