14, CHANCE CLOSE, GRAYS, RM16 6QE - £75,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 CHANCE CLOSE is a very small terraced house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £424,386. It was last sold for £75,000 in March 1999, which was around 31% above the average March 1999 terraced price in the Thurrock local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

14 CHANCE CLOSE Sold Prices

Land registry data shows two sales for 14 CHANCE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. Both of the two 14 CHANCE CLOSE sales were for above 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
1999 26 MAR	£75,000	£57,129	31% above HPI
1997 25 APR	£65,000	£46,966	38% above HPI

14 CHANCE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Thurrock local authority area over time, sourced from the HPI. The two 14 CHANCE CLOSE sales from April 1997 and March 1999 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 1997 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 1999 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 14 CHANCE CLOSE be worth now?

14 CHANCE CLOSE might now be worth an estimated £424,386.

This is based on house price inflation of 465.8%, between March 1999 and May 2026, for terraced 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 465.8% inflationary increase is applied to the most recent sale price for 14 CHANCE CLOSE of £75,000 on 26th March 1999. For the value to have increased from £75,000 to £424,386 over the 26 years and ten months to May 2026, the following assumptions must hold true:

• The value of 14 CHANCE CLOSE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The March 1999 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CHANCE CLOSE has not materially changed since March 1999.

How Large is 14 CHANCE CLOSE?

14 CHANCE CLOSE is 71m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of terraced houses houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chafford Hundred, and where 14 CHANCE CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 14 CHANCE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

14 CHANCE CLOSE: Plot and Title Map

14 CHANCE CLOSE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 14 CHANCE 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 14 CHANCE 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 14 CHANCE CLOSE?

14 CHANCE CLOSE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 14 on CHANCE CLOSE.