21, BUCHANAN CLOSE, AVELEY, SOUTH OCKENDON, RM15 4SP - £305,000

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.

21 BUCHANAN CLOSE is a very large extended semi-detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £548,551. It was last sold for £305,000 in September 2014, which was around 34% above the average September 2014 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

21 BUCHANAN CLOSE Sold Prices

Land registry data shows two sales for 21 BUCHANAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. Both of the two 21 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
2014 5 SEP	£305,000	£227,480	34% above HPI
2007 31 AUG	£265,000	£208,735	27% above HPI

21 BUCHANAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thurrock local authority area over time, sourced from the HPI. The two 21 BUCHANAN CLOSE sales from August 2007 and September 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 August 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2014 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 21 BUCHANAN CLOSE be worth now?

21 BUCHANAN CLOSE might now be worth an estimated £548,551.

This is based on house price inflation of 79.9%, between September 2014 and April 2026, for semi-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 79.9% inflationary increase is applied to the most recent sale price for 21 BUCHANAN CLOSE of £305,000 on 5th September 2014. For the value to have increased from £305,000 to £548,551 over the twelve years and five months to April 2026, the following assumptions must hold true:

• The value of 21 BUCHANAN CLOSE has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The September 2014 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 21 BUCHANAN CLOSE has not materially changed since September 2014.

How Large is 21 BUCHANAN CLOSE?

21 BUCHANAN CLOSE is 137m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of semi-detached houses houses in Aveley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Aveley, and where 21 BUCHANAN CLOSE lies on this distribution: 84% of semi-detached houses houses are smaller than 21 BUCHANAN CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Aveley.

21 BUCHANAN CLOSE: Plot and Title Map

21 BUCHANAN CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 21 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 21 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 21 BUCHANAN CLOSE?

21 BUCHANAN CLOSE is located in AVELEY, in the RM15 postcode district. The below map shows the position of No. 21 on BUCHANAN CLOSE.