5D, ALBERT CLOSE, GRAYS, RM16 2RB - £260,000

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

5D ALBERT CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £260,000 in January 2013, which was around 15% below the average January 2013 detached price in the Thurrock local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

5D ALBERT CLOSE Sold Prices

Land registry data shows two sales for 5D ALBERT CLOSE 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. One of the two 5D ALBERT CLOSE sales was for below the average price, whilst the other was 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
2013 4 JAN	£260,000	£306,840	15% below HPI
1996 20 DEC	£99,995	£94,486	6% above HPI

5D 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 two 5D ALBERT CLOSE sales from December 1996 and January 2013 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 1996 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2013 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5D ALBERT CLOSE be worth now?

5D ALBERT CLOSE might now be worth an estimated £502,829.

This is based on house price inflation of 93.4%, between January 2013 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 93.4% inflationary increase is applied to the most recent sale price for 5D ALBERT CLOSE of £260,000 on 4th January 2013. For the value to have increased from £260,000 to £502,829 over the ten years and one month to December 2024, the following assumptions must hold true:

• The value of 5D ALBERT CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The January 2013 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 5D ALBERT CLOSE has not materially changed since January 2013.

How Large is 5D ALBERT CLOSE?

5D ALBERT CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% 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 5D ALBERT CLOSE lies on this distribution: 33% of detached houses houses are smaller than 5D ALBERT CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Grays.

5D ALBERT CLOSE: Plot and Title Map

5D ALBERT CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 5D 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 5D 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 5D ALBERT CLOSE?

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