1, ARK AVENUE, GRAYS, RM16 6QR - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ARK AVENUE is a very large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £550,000 in May 2021, which was around 5% above the average May 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

1 ARK AVENUE Sold Prices

Land registry data shows two sales for 1 ARK AVENUE 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. One of the two 1 ARK AVENUE sales was for above the average price, whilst the other was 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
2021 25 MAY	£550,000	£525,876	5% above HPI
2014 7 NOV	£250,000	£363,233	31% below HPI

1 ARK AVENUE 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 1 ARK AVENUE sales from November 2014 and May 2021 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 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 ARK AVENUE be worth now?

1 ARK AVENUE might now be worth an estimated £620,637.

This is based on house price inflation of 12.8%, between May 2021 and December 2024, 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 12.8% inflationary increase is applied to the most recent sale price for 1 ARK AVENUE of £550,000 on 25th May 2021. For the value to have increased from £550,000 to £620,637 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 1 ARK AVENUE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The May 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ARK AVENUE has not materially changed since May 2021.

How Large is 1 ARK AVENUE?

1 ARK AVENUE is 145m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses houses in Grays, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grays, and where 1 ARK AVENUE lies on this distribution: 83% of detached houses houses are smaller than 1 ARK AVENUE, and 17% of houses are larger. Note that EPC data is not available for all properties in Grays.

1 ARK AVENUE: Plot and Title Map

1 ARK AVENUE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 1 ARK AVENUE, 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 1 ARK AVENUE). 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 1 ARK AVENUE?

1 ARK AVENUE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 1 on ARK AVENUE.