12, PALMERS AVENUE, GRAYS, RM17 5UB - £480,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 PALMERS AVENUE is a very large extended detached house of 147m², built sometime between 1930 and 1949. It was last sold for £480,000 in September 2018, which was around 7% below the average September 2018 detached price in the Thurrock local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

12 PALMERS AVENUE Sold Prices

Land registry data shows three sales for 12 PALMERS AVENUE 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. Two of the three 12 PALMERS AVENUE sales were for below the average price, whilst one was 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
2018 28 SEP	£480,000	£518,797	7% below HPI
2009 11 MAY	£175,000	£276,912	37% below HPI
2007 7 MAR	£330,000	£310,050	6% above HPI

12 PALMERS 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 three 12 PALMERS AVENUE sales between March 2007 and September 2018 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 May 2009 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 12 PALMERS AVENUE?

12 PALMERS AVENUE is 147m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% of detached houses in Grays, based on EPC data. The below chart shows the distribution of detached houses by size in Grays, and where 12 PALMERS AVENUE lies on this distribution: 84% of detached houses are smaller than 12 PALMERS AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in Grays.

12 PALMERS AVENUE: Plot and Title Map

12 PALMERS AVENUE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 12 PALMERS 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 12 PALMERS 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 12 PALMERS AVENUE?

12 PALMERS AVENUE is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 12 on PALMERS AVENUE.