1, CARAVEL CLOSE, GRAYS, RM16 6QB - £420,000

1 CARAVEL CLOSE is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £420,000 in December 2022, which was around 33% below the average December 2022 detached price in the Thurrock local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

1 CARAVEL CLOSE Sold Prices

Land registry data shows two sales for 1 CARAVEL 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 1 CARAVEL 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
2022 9 DEC	£420,000	£627,353	33% below HPI
2002 12 APR	£151,750	£199,544	24% below HPI

1 CARAVEL 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 1 CARAVEL CLOSE sales from April 2002 and December 2022 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 April 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 CARAVEL CLOSE?

1 CARAVEL CLOSE is 66m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% 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 1 CARAVEL CLOSE lies on this distribution: 2% of detached houses are smaller than 1 CARAVEL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

1 CARAVEL CLOSE: Plot and Title Map

1 CARAVEL CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 1 CARAVEL 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 1 CARAVEL 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 1 CARAVEL CLOSE?

1 CARAVEL CLOSE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 1 on CARAVEL CLOSE.