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
53 LANCASTER ROAD is a very small extended semi-detached house of 73m², built sometime between 1996 and 2002. It was last sold for £330,000 in November 2017, which was around 34% below the average November 2017 detached price in the Thurrock local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 53 LANCASTER ROAD since 1st 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 53 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 3 NOV | £330,000 | £501,570 | 34% below HPI |
2016 29 JAN | £312,000 | £440,762 | 29% below HPI |
2010 12 MAR | £187,000 | £292,250 | 36% below HPI |
2007 9 FEB | £207,000 | £305,336 | 32% below HPI |
2002 13 DEC | £175,000 | £239,930 | 27% below HPI |
The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The five 53 LANCASTER ROAD sales between December 2002 and November 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 January 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
53 LANCASTER ROAD is 73m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% 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 53 LANCASTER ROAD lies on this distribution: 3% of detached houses are smaller than 53 LANCASTER ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in South Stifford.
53 LANCASTER ROAD sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 53 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 53 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.
53 LANCASTER ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 53 on LANCASTER ROAD.