81, LANCASTER ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6EA - £245,000

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

81 LANCASTER ROAD is a very small detached house of 82m², built sometime between 2003 and 2006. It was last sold for £245,000 in May 2012, which was around 18% below the average May 2012 detached price in the Thurrock local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

81 LANCASTER ROAD Sold Prices

Land registry data shows two sales for 81 LANCASTER ROAD 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 81 LANCASTER ROAD 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
2012 17 MAY	£245,000	£297,073	18% below HPI
2003 24 JAN	£220,000	£250,141	12% below HPI

81 LANCASTER ROAD 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 81 LANCASTER ROAD sales from January 2003 and May 2012 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 January 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2012 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 81 LANCASTER ROAD?

81 LANCASTER ROAD is 82m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of detached houses in South Stifford, based on EPC data. The below chart shows the distribution of detached houses by size in South Stifford, and where 81 LANCASTER ROAD lies on this distribution: 12% of detached houses are smaller than 81 LANCASTER ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

81 LANCASTER ROAD: Plot and Title Map

81 LANCASTER ROAD sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 81 LANCASTER ROAD, 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 81 LANCASTER ROAD). 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 81 LANCASTER ROAD?

81 LANCASTER ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 81 on LANCASTER ROAD.