8, ASHBY CLOSE, ORSETT, GRAYS, RM16 3DX - £377,500

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

8 ASHBY CLOSE is a very small extended detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £429,994. It was last sold for £377,500 in March 2021, which was around 28% below the average March 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

8 ASHBY CLOSE Sold Prices

Land registry data shows four sales for 8 ASHBY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the four 8 ASHBY 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 1 MAR	£377,500	£527,536	28% below HPI
2012 24 FEB	£249,995	£307,470	19% below HPI
2009 10 JUL	£240,000	£276,106	13% below HPI
2003 31 JAN	£173,000	£248,176	30% below HPI

8 ASHBY 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 four 8 ASHBY CLOSE sales between January 2003 and March 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 February 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 ASHBY CLOSE be worth now?

8 ASHBY CLOSE might now be worth an estimated £429,994.

This is based on house price inflation of 13.9%, between March 2021 and February 2025, 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 13.9% inflationary increase is applied to the most recent sale price for 8 ASHBY CLOSE of £377,500 on 1st March 2021. For the value to have increased from £377,500 to £429,994 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 8 ASHBY CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The March 2021 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ASHBY CLOSE has not materially changed since March 2021.

How Large is 8 ASHBY CLOSE?

8 ASHBY CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southfields, and where 8 ASHBY CLOSE lies on this distribution: 17% of detached houses houses are smaller than 8 ASHBY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Southfields.

8 ASHBY CLOSE: Plot and Title Map

8 ASHBY CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 8 ASHBY 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 8 ASHBY 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 8 ASHBY CLOSE?

8 ASHBY CLOSE is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 8 on ASHBY CLOSE.