17, MEAD CLOSE, GRAYS, RM16 2TR - £592,000

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

17 MEAD CLOSE is a large extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £592,000 in November 2023, which was about the average November 2023 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

17 MEAD CLOSE Sold Prices

Land registry data shows two sales for 17 MEAD CLOSE 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. One of the two 17 MEAD CLOSE sales was roughly equal to the average price, whilst the other was 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
2023 16 NOV	£592,000	£594,117	Close to HPI
2018 8 FEB	£445,000	£501,247	11% below HPI

17 MEAD CLOSE 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 17 MEAD CLOSE sales from February 2018 and November 2023 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 February 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 17 MEAD CLOSE be worth now?

17 MEAD CLOSE might now be worth an estimated £591,301.

This is based on house price deflation of 0.1%, between November 2023 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 0.1% deflationary decrease is applied to the most recent sale price for 17 MEAD CLOSE of £592,000 on 16th November 2023. For the value to have decreased from £592,000 to £591,301 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 17 MEAD CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The November 2023 sale price of £592,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MEAD CLOSE has not materially changed since November 2023.

How Large is 17 MEAD CLOSE?

17 MEAD CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in October 2017. 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 17 MEAD CLOSE lies on this distribution: 77% of detached houses houses are smaller than 17 MEAD CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Grays.

17 MEAD CLOSE: Plot and Title Map

17 MEAD CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 17 MEAD CLOSE, 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 17 MEAD CLOSE). 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 17 MEAD CLOSE?

17 MEAD CLOSE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 17 on MEAD CLOSE.