Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 STANFORD ROAD is a midsized extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £545,000 in August 2018, which was around 5% above the average August 2018 detached price in the Thurrock local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 16 STANFORD ROAD since 1st 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 16 STANFORD ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2018 1 AUG | £545,000 | £518,046 | 5% above HPI |
2014 28 AUG | £325,000 | £344,800 | 6% below HPI |
2005 8 JUL | £272,500 | £292,971 | 7% below HPI |
The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The three 16 STANFORD ROAD sales between July 2005 and August 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 August 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.
16 STANFORD ROAD is 100m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses in Grays, based on EPC data. The below chart shows the distribution of detached houses by size in Grays, and where 16 STANFORD ROAD lies on this distribution: 42% of detached houses are smaller than 16 STANFORD ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Grays.
16 STANFORD ROAD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 16 STANFORD ROAD, 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 16 STANFORD ROAD). 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.
16 STANFORD ROAD is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 16 on STANFORD ROAD.