1, MILL FIELD WAY, AVELEY, SOUTH OCKENDON, RM15 4ET - £420,000

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 MILL FIELD WAY is a very small detached house of 91m², which could now be worth an estimated £466,091. It was last sold for £420,000 in July 2021, which was around 21% below the average July 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

1 MILL FIELD WAY Sold Prices

Land registry data shows two sales for 1 MILL FIELD WAY 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 1 MILL FIELD WAY sales 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
2021 30 JUL	£420,000	£534,733	21% below HPI
2018 29 JUN	£390,000	£501,160	22% below HPI

1 MILL FIELD WAY 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 MILL FIELD WAY sales from June 2018 and July 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 June 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 MILL FIELD WAY be worth now?

1 MILL FIELD WAY might now be worth an estimated £466,091.

This is based on house price inflation of 11%, between July 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 11% inflationary increase is applied to the most recent sale price for 1 MILL FIELD WAY of £420,000 on 30th July 2021. For the value to have increased from £420,000 to £466,091 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 MILL FIELD WAY has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The July 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILL FIELD WAY has not materially changed since July 2021.

How Large is 1 MILL FIELD WAY?

1 MILL FIELD WAY is 91m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses houses in Aveley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aveley, and where 1 MILL FIELD WAY lies on this distribution: 17% of detached houses houses are smaller than 1 MILL FIELD WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Aveley.

1 MILL FIELD WAY: Plot and Title Map

1 MILL FIELD WAY sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 1 MILL FIELD WAY, 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 MILL FIELD WAY). 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 MILL FIELD WAY?

1 MILL FIELD WAY is located in AVELEY, in the RM15 postcode district. The below map shows the position of No. 1 on MILL FIELD WAY.