8, PADDOCK CLOSE, ORSETT, GRAYS, RM16 3DL - £535,000

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.

8 PADDOCK CLOSE is a small extended detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £761,879. It was last sold for £535,000 in November 2015, which was around 27% above the average November 2015 detached price in the Thurrock local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

8 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 8 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Both of the two 8 PADDOCK 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
2015 9 NOV	£535,000	£421,224	27% above HPI
1996 29 NOV	£180,000	£93,914	92% above HPI

8 PADDOCK 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 two 8 PADDOCK CLOSE sales from November 1996 and November 2015 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 1996 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the November 2015 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 8 PADDOCK CLOSE be worth now?

8 PADDOCK CLOSE might now be worth an estimated £761,879.

This is based on house price inflation of 42.4%, between November 2015 and June 2025, 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 42.4% inflationary increase is applied to the most recent sale price for 8 PADDOCK CLOSE of £535,000 on 9th November 2015. For the value to have increased from £535,000 to £761,879 over the ten years and five months to June 2025, the following assumptions must hold true:

• The value of 8 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The November 2015 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PADDOCK CLOSE has not materially changed since November 2015.

How Large is 8 PADDOCK CLOSE?

8 PADDOCK CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses houses in Orsett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Orsett, and where 8 PADDOCK CLOSE lies on this distribution: 37% of detached houses houses are smaller than 8 PADDOCK CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Orsett.

8 PADDOCK CLOSE: Plot and Title Map

8 PADDOCK CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 8 PADDOCK 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 8 PADDOCK 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 8 PADDOCK CLOSE?

8 PADDOCK CLOSE is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 8 on PADDOCK CLOSE.