15, KING EDWARD DRIVE, GRAYS, RM16 2GG - £535,000

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

15 KING EDWARD DRIVE is a large extended detached house of 133m², built sometime between 1900 and 1929. It was last sold for £535,000 in April 2020, which was around 5% above the average April 2020 detached price in the Thurrock local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was A.

15 KING EDWARD DRIVE Sold Prices

Land registry data shows two sales for 15 KING EDWARD DRIVE 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 15 KING EDWARD DRIVE sales 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
2020 9 APR	£535,000	£511,812	5% above HPI
2009 11 NOV	£310,000	£288,358	8% above HPI

15 KING EDWARD 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 two 15 KING EDWARD DRIVE sales from November 2009 and April 2020 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 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 15 KING EDWARD DRIVE be worth now?

15 KING EDWARD DRIVE might now be worth an estimated £620,300.

This is based on house price inflation of 15.9%, between April 2020 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 15.9% inflationary increase is applied to the most recent sale price for 15 KING EDWARD DRIVE of £535,000 on 9th April 2020. For the value to have increased from £535,000 to £620,300 over the three years and four months to December 2024, the following assumptions must hold true:

• The value of 15 KING EDWARD DRIVE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The April 2020 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 15 KING EDWARD DRIVE has not materially changed since April 2020.

How Large is 15 KING EDWARD DRIVE?

15 KING EDWARD DRIVE is 133m², which includes one extension, according to the EPC inspection conducted in June 2019. 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 15 KING EDWARD DRIVE lies on this distribution: 79% of detached houses houses are smaller than 15 KING EDWARD DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Grays.

15 KING EDWARD DRIVE: Plot and Title Map

15 KING EDWARD DRIVE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 15 KING EDWARD 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 15 KING EDWARD 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 15 KING EDWARD DRIVE?

15 KING EDWARD DRIVE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 15 on KING EDWARD DRIVE.