1, FARM DRIVE, GRAYS, RM16 2LY - £475,000

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.

1 FARM DRIVE is a large detached house of 128m², built sometime between 1991 and 1995, which could now be worth an estimated £584,803. It was last sold for £475,000 in January 2017, which was around 3% below the average January 2017 detached price in the Thurrock local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

1 FARM DRIVE Sold Prices

Land registry data shows three sales for 1 FARM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. One of the three 1 FARM DRIVE sales was for below the average price, whilst two 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
2017 17 JAN	£475,000	£488,069	3% below HPI
2014 7 JUL	£380,000	£335,676	13% above HPI
2002 22 JUL	£247,000	£215,165	15% above HPI

1 FARM DRIVE 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 three 1 FARM DRIVE sales between July 2002 and January 2017 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 July 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 1 FARM DRIVE be worth now?

1 FARM DRIVE might now be worth an estimated £584,803.

This is based on house price inflation of 23.1%, between January 2017 and February 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 23.1% inflationary increase is applied to the most recent sale price for 1 FARM DRIVE of £475,000 on 17th January 2017. For the value to have increased from £475,000 to £584,803 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 FARM DRIVE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The January 2017 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FARM DRIVE has not materially changed since January 2017.

How Large is 1 FARM DRIVE?

1 FARM DRIVE is 128m² according to the EPC inspection conducted in November 2013. This puts it in the largest 30% 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 FARM DRIVE lies on this distribution: 73% of detached houses houses are smaller than 1 FARM DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Grays.

1 FARM DRIVE: Plot and Title Map

1 FARM DRIVE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 1 FARM 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 1 FARM 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 1 FARM DRIVE?

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