46, ERRIFF DRIVE, SOUTH OCKENDON, RM15 5AW - £285,000

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.

46 ERRIFF DRIVE is a very small terraced house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £352,239. It was last sold for £285,000 in April 2019, which was around 9% above the average April 2019 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.

46 ERRIFF DRIVE Sold Prices

Land registry data shows four sales for 46 ERRIFF DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. two of the four 46 ERRIFF DRIVE sales were for above the average price, and four were for below 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 5 APR	£285,000	£261,555	9% above HPI
2014 24 OCT	£215,000	£187,679	15% above HPI
2003 17 OCT	£127,995	£129,994	2% below HPI
2000 17 MAR	£60,000	£65,875	9% below HPI

46 ERRIFF DRIVE 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 four 46 ERRIFF DRIVE sales between March 2000 and April 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 October 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 46 ERRIFF DRIVE be worth now?

46 ERRIFF DRIVE might now be worth an estimated £352,239.

This is based on house price inflation of 23.6%, between April 2019 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 23.6% inflationary increase is applied to the most recent sale price for 46 ERRIFF DRIVE of £285,000 on 5th April 2019. For the value to have increased from £285,000 to £352,239 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 46 ERRIFF DRIVE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The April 2019 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 46 ERRIFF DRIVE has not materially changed since April 2019.

How Large is 46 ERRIFF DRIVE?

46 ERRIFF DRIVE is 71m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of terraced houses houses in South Ockendon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in South Ockendon, and where 46 ERRIFF DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 46 ERRIFF DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in South Ockendon.

46 ERRIFF DRIVE: Plot and Title Map

46 ERRIFF DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 46 ERRIFF DRIVE, 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 46 ERRIFF DRIVE). 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 46 ERRIFF DRIVE?

46 ERRIFF DRIVE is located in SOUTH OCKENDON, in the RM15 postcode district. The below map shows the position of No. 46 on ERRIFF DRIVE.