4, PADDOCK CLOSE, ORSETT, GRAYS, RM16 3DL - £635,000

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.

4 PADDOCK CLOSE is a midsized extended detached house of 159m², built sometime between 1976 and 1982, which could now be worth an estimated £778,707. It was last sold for £635,000 in August 2017, which was around 31% above the average August 2017 detached price in the Thurrock local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

4 PADDOCK CLOSE Sold Prices

Land registry data shows one sale for 4 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Thurrock local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 1 AUG	£635,000	£485,675	31% above HPI

What might 4 PADDOCK CLOSE be worth now?

4 PADDOCK CLOSE might now be worth an estimated £778,707.

This is based on house price inflation of 22.6%, between August 2017 and July 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 22.6% inflationary increase is applied to the most recent sale price for 4 PADDOCK CLOSE of £635,000 on 1st August 2017. For the value to have increased from £635,000 to £778,707 over the nine years and one month to July 2026, the following assumptions must hold true:

• The value of 4 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The August 2017 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PADDOCK CLOSE has not materially changed since August 2017.

How Large is 4 PADDOCK CLOSE?

4 PADDOCK CLOSE is 159m², which includes three extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Orsett, based on EPC data. The below chart shows the distribution of detached houses by size in Orsett, and where 4 PADDOCK CLOSE lies on this distribution: 51% of detached houses are smaller than 4 PADDOCK CLOSE, and 48% of detached houses are larger. Note that EPC data is not available for all properties in Orsett.

4 PADDOCK CLOSE: Plot

4 PADDOCK CLOSE sits on a plot of roughly 0.125 of an acre, or 507m².

Where is 4 PADDOCK CLOSE?

4 PADDOCK CLOSE is located in ORSETT, in the RM16 postcode district.