31, HARPER CLOSE, CHAFFORD HUNDRED, GRAYS, RM16 6DA - £375,000

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.

31 HARPER CLOSE is a small terraced house of 105m², built sometime between 2003 and 2006, which could now be worth an estimated £466,848. It was last sold for £375,000 in May 2019, which was around 44% above the average May 2019 terraced price in the Thurrock local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

31 HARPER CLOSE Sold Prices

Land registry data shows three sales for 31 HARPER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. All of the three 31 HARPER 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
2019 17 MAY	£375,000	£259,806	44% above HPI
2007 24 AUG	£249,995	£172,675	45% above HPI
2004 9 AUG	£232,000	£143,629	62% above HPI

31 HARPER 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 three 31 HARPER CLOSE sales between August 2004 and May 2019 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 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2019 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 31 HARPER CLOSE be worth now?

31 HARPER CLOSE might now be worth an estimated £466,848.

This is based on house price inflation of 24.5%, between May 2019 and March 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 24.5% inflationary increase is applied to the most recent sale price for 31 HARPER CLOSE of £375,000 on 17th May 2019. For the value to have increased from £375,000 to £466,848 over the seven years and two months to March 2026, the following assumptions must hold true:

• The value of 31 HARPER CLOSE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The May 2019 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 31 HARPER CLOSE has not materially changed since May 2019.

How Large is 31 HARPER CLOSE?

31 HARPER CLOSE is 105m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of terraced houses houses in South Stifford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in South Stifford, and where 31 HARPER CLOSE lies on this distribution: 35% of terraced houses houses are smaller than 31 HARPER CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

31 HARPER CLOSE: Plot and Title Map

31 HARPER CLOSE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 31 HARPER 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 31 HARPER 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 31 HARPER CLOSE?

31 HARPER CLOSE is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 31 on HARPER CLOSE.