14, COLBURN WAY, GRAYS, RM16 2EG - £360,000

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

14 COLBURN WAY is a midsized detached house of 101m². It was last sold for £360,000 in December 2019, which was around 29% below the average December 2019 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was B.

14 COLBURN WAY Sold Prices

Land registry data shows three sales for 14 COLBURN WAY 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. All of the three 14 COLBURN 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
2019 19 DEC	£360,000	£504,035	29% below HPI
2019 22 OCT	£380,000	£508,313	25% below HPI
2015 30 SEP	£325,000	£406,910	20% below HPI

14 COLBURN 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 three 14 COLBURN WAY sales between September 2015 and December 2019 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 October 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 14 COLBURN WAY be worth now?

14 COLBURN WAY might now be worth an estimated £423,838.

This is based on house price inflation of 17.7%, between December 2019 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 17.7% inflationary increase is applied to the most recent sale price for 14 COLBURN WAY of £360,000 on 19th December 2019. For the value to have increased from £360,000 to £423,838 over the five years to December 2024, the following assumptions must hold true:

• The value of 14 COLBURN WAY has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The December 2019 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 14 COLBURN WAY has not materially changed since December 2019.

How Large is 14 COLBURN WAY?

14 COLBURN WAY is 101m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% 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 14 COLBURN WAY lies on this distribution: 42% of detached houses houses are smaller than 14 COLBURN WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Grays.

14 COLBURN WAY: Plot and Title Map

14 COLBURN WAY sits on a plot of roughly 38.2 acres, or 154,488m². The below map shows the location of 14 COLBURN 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 14 COLBURN 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 14 COLBURN WAY?

14 COLBURN WAY is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 14 on COLBURN WAY.