6, CARAVEL CLOSE, GRAYS, RM16 6QB - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 CARAVEL CLOSE is a very small semi-detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £373,788. It was last sold for £305,000 in March 2020, which was around 8% below the average March 2020 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was April 2020, where the current energy rating was C, and the potential energy rating was B.

6 CARAVEL CLOSE Sold Prices

Land registry data shows four sales for 6 CARAVEL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. Most of the four 6 CARAVEL CLOSE 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
2020 27 MAR	£305,000	£329,837	8% below HPI
2015 8 MAY	£227,000	£246,795	8% below HPI
2008 22 JAN	£187,000	£217,476	14% below HPI
2001 4 JAN	£104,000	£95,058	9% above HPI

6 CARAVEL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thurrock local authority area over time, sourced from the HPI. The four 6 CARAVEL CLOSE sales between January 2001 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 May 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2020 sale, which was also at 8% below the HPI.

What might 6 CARAVEL CLOSE be worth now?

6 CARAVEL CLOSE might now be worth an estimated £373,788.

This is based on house price inflation of 22.6%, between March 2020 and February 2025, for semi-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 22.6% inflationary increase is applied to the most recent sale price for 6 CARAVEL CLOSE of £305,000 on 27th March 2020. For the value to have increased from £305,000 to £373,788 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 6 CARAVEL CLOSE has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The March 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CARAVEL CLOSE has not materially changed since March 2020.

How Large is 6 CARAVEL CLOSE?

6 CARAVEL CLOSE is 69m² according to the EPC inspection conducted in April 2020. This puts it in the smallest 10% of semi-detached houses houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chafford Hundred, and where 6 CARAVEL CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 6 CARAVEL CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

6 CARAVEL CLOSE: Plot and Title Map

6 CARAVEL CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 6 CARAVEL 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 6 CARAVEL 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 6 CARAVEL CLOSE?

6 CARAVEL CLOSE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 6 on CARAVEL CLOSE.