8, BRANDON CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6QX - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 BRANDON CLOSE is a very small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £500,000 in January 2024, which was around 16% below the average January 2024 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was C.

8 BRANDON CLOSE Sold Prices

Land registry data shows two sales for 8 BRANDON 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 8 BRANDON 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
2024 8 JAN	£500,000	£594,832	16% below HPI
1996 8 NOV	£86,000	£94,658	9% below HPI

8 BRANDON 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 8 BRANDON CLOSE sales from November 1996 and January 2024 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 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 BRANDON CLOSE?

8 BRANDON CLOSE is 82m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of detached houses by size in Chafford Hundred, and where 8 BRANDON CLOSE lies on this distribution: 11% of detached houses are smaller than 8 BRANDON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

8 BRANDON CLOSE: Plot and Title Map

8 BRANDON CLOSE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 8 BRANDON 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 BRANDON 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 BRANDON CLOSE?

8 BRANDON CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 8 on BRANDON CLOSE.