8, RUTLEDGE CLOSE, ORSETT, GRAYS, RM16 3GS - £372,500

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 RUTLEDGE CLOSE is a very small extended detached house of 96m², built sometime between 2003 and 2006, which could now be worth an estimated £419,018. It was last sold for £372,500 in March 2021, which was around 29% below the average March 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

8 RUTLEDGE CLOSE Sold Prices

Land registry data shows three sales for 8 RUTLEDGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the three 8 RUTLEDGE 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 9 MAR	£372,500	£527,536	29% below HPI
2009 29 SEP	£265,000	£279,836	5% below HPI
2007 29 JUN	£290,000	£306,708	5% below HPI

8 RUTLEDGE 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 three 8 RUTLEDGE CLOSE sales between June 2007 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 September 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 RUTLEDGE CLOSE be worth now?

8 RUTLEDGE CLOSE might now be worth an estimated £419,018.

This is based on house price inflation of 12.5%, between March 2021 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 12.5% inflationary increase is applied to the most recent sale price for 8 RUTLEDGE CLOSE of £372,500 on 9th March 2021. For the value to have increased from £372,500 to £419,018 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 8 RUTLEDGE CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The March 2021 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 8 RUTLEDGE CLOSE has not materially changed since March 2021.

How Large is 8 RUTLEDGE CLOSE?

8 RUTLEDGE CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses houses in Orsett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Orsett, and where 8 RUTLEDGE CLOSE lies on this distribution: 4% of detached houses houses are smaller than 8 RUTLEDGE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Orsett.

8 RUTLEDGE CLOSE: Plot and Title Map

8 RUTLEDGE CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 8 RUTLEDGE 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 RUTLEDGE 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 RUTLEDGE CLOSE?

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