7, BIRCH CLOSE, SOUTH OCKENDON, RM15 6XD - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 BIRCH CLOSE is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £390,000 in February 2021, which was around 28% below the average February 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

7 BIRCH CLOSE Sold Prices

Land registry data shows two sales for 7 BIRCH 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. Both of the two 7 BIRCH 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
2021 16 FEB	£390,000	£540,256	28% below HPI
1997 28 NOV	£89,950	£104,248	14% below HPI

7 BIRCH 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 7 BIRCH CLOSE sales from November 1997 and February 2021 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 November 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 BIRCH CLOSE?

7 BIRCH CLOSE is 75m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in South Ockendon, based on EPC data. The below chart shows the distribution of detached houses by size in South Ockendon, and where 7 BIRCH CLOSE lies on this distribution: 6% of detached houses are smaller than 7 BIRCH CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

7 BIRCH CLOSE: Plot and Title Map

7 BIRCH CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 7 BIRCH 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 7 BIRCH 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 7 BIRCH CLOSE?

7 BIRCH CLOSE is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 7 on BIRCH CLOSE.