5A, ALBERT CLOSE, GRAYS, RM16 2RB - £373,950

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

5A ALBERT CLOSE is a very large detached house of 172m², built sometime between 1983 and 1990. It was last sold for £373,950 in September 2012, which was around 21% above the average September 2012 detached price in the Thurrock local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

5A ALBERT CLOSE Sold Prices

Land registry data shows three sales for 5A ALBERT 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. Two of the three 5A ALBERT CLOSE 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
2012 13 SEP	£373,950	£308,943	21% above HPI
2004 16 JAN	£330,000	£273,246	21% above HPI
1997 4 APR	£50,000	£96,324	48% below HPI

5A ALBERT 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 5A ALBERT CLOSE sales between April 1997 and September 2012 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 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2012 sale, which was also at 21% above the HPI.

What might 5A ALBERT CLOSE be worth now?

5A ALBERT CLOSE might now be worth an estimated £718,280.

This is based on house price inflation of 92.1%, between September 2012 and December 2024, 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 92.1% inflationary increase is applied to the most recent sale price for 5A ALBERT CLOSE of £373,950 on 13th September 2012. For the value to have increased from £373,950 to £718,280 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of 5A ALBERT CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The September 2012 sale price of £373,950 represented a fair market value for the property.
• The size, condition, and specification of 5A ALBERT CLOSE has not materially changed since September 2012.

How Large is 5A ALBERT CLOSE?

5A ALBERT CLOSE is 172m² according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of detached houses houses in Grays, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grays, and where 5A ALBERT CLOSE lies on this distribution: 92% of detached houses houses are smaller than 5A ALBERT CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Grays.

5A ALBERT CLOSE: Plot and Title Map

5A ALBERT CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 5A ALBERT 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 5A ALBERT 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 5A ALBERT CLOSE?

5A ALBERT CLOSE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 5A on ALBERT CLOSE.