2, ELLIS CLOSE, ORSETT, GRAYS, RM16 3DN - £335,000

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 ELLIS CLOSE is a large extended detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £560,603. It was last sold for £335,000 in December 2014, which was around 8% below the average December 2014 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

2 ELLIS CLOSE Sold Prices

Land registry data shows three sales for 2 ELLIS 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. Two of the three 2 ELLIS CLOSE sales were for below the average price, whilst one was 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
2014 22 DEC	£335,000	£365,711	8% below HPI
2005 18 NOV	£246,500	£286,838	14% below HPI
1997 23 MAY	£106,500	£94,110	13% above HPI

2 ELLIS 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 2 ELLIS CLOSE sales between May 1997 and December 2014 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 November 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 ELLIS CLOSE be worth now?

2 ELLIS CLOSE might now be worth an estimated £560,603.

This is based on house price inflation of 67.3%, between December 2014 and April 2026, 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 67.3% inflationary increase is applied to the most recent sale price for 2 ELLIS CLOSE of £335,000 on 22nd December 2014. For the value to have increased from £335,000 to £560,603 over the twelve years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 ELLIS CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The December 2014 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELLIS CLOSE has not materially changed since December 2014.

How Large is 2 ELLIS CLOSE?

2 ELLIS CLOSE is 135m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southfields, and where 2 ELLIS CLOSE lies on this distribution: 79% of detached houses houses are smaller than 2 ELLIS CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Southfields.

2 ELLIS CLOSE: Plot and Title Map

2 ELLIS CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 2 ELLIS 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 ELLIS 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 ELLIS CLOSE?

2 ELLIS CLOSE is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 2 on ELLIS CLOSE.