2, BUCHANAN CLOSE, AVELEY, SOUTH OCKENDON, RM15 4SP - £190,000

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.

2 BUCHANAN CLOSE is a large extended terraced house of 126m², built sometime between 1950 and 1966, which could now be worth an estimated £371,716. It was last sold for £190,000 in September 2013, which was around 14% above the average September 2013 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 C.

2 BUCHANAN CLOSE Sold Prices

Land registry data shows two sales for 2 BUCHANAN 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 2 BUCHANAN 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
2013 26 SEP	£190,000	£166,323	14% above HPI
2004 4 AUG	£200,000	£143,629	39% above HPI

2 BUCHANAN 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 2 BUCHANAN CLOSE sales from August 2004 and September 2013 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 August 2004 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2013 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 BUCHANAN CLOSE be worth now?

2 BUCHANAN CLOSE might now be worth an estimated £371,716.

This is based on house price inflation of 95.6%, between September 2013 and April 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 95.6% inflationary increase is applied to the most recent sale price for 2 BUCHANAN CLOSE of £190,000 on 26th September 2013. For the value to have increased from £190,000 to £371,716 over the thirteen years and five months to April 2026, the following assumptions must hold true:

• The value of 2 BUCHANAN CLOSE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The September 2013 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BUCHANAN CLOSE has not materially changed since September 2013.

How Large is 2 BUCHANAN CLOSE?

2 BUCHANAN CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of terraced houses houses in Aveley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Aveley, and where 2 BUCHANAN CLOSE lies on this distribution: 78% of terraced houses houses are smaller than 2 BUCHANAN CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Aveley.

2 BUCHANAN CLOSE: Plot and Title Map

2 BUCHANAN CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 2 BUCHANAN 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 2 BUCHANAN 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 2 BUCHANAN CLOSE?

2 BUCHANAN CLOSE is located in AVELEY, in the RM15 postcode district. The below map shows the position of No. 2 on BUCHANAN CLOSE.