18, GRANGEWOOD AVENUE, GRAYS, RM16 2GH - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 GRANGEWOOD AVENUE is a very small extended semi-detached house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £464,142. It was last sold for £390,000 in August 2020, which was around 15% above the average August 2020 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was May 2020, where the current energy rating was E, and the potential energy rating was B.

18 GRANGEWOOD AVENUE Sold Prices

Land registry data shows three sales for 18 GRANGEWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. All of the three 18 GRANGEWOOD AVENUE 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 24 AUG	£390,000	£339,656	15% above HPI
2010 22 FEB	£265,000	£187,567	41% above HPI
1997 3 JAN	£68,000	£59,310	15% above HPI

18 GRANGEWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thurrock local authority area over time, sourced from the HPI. The three 18 GRANGEWOOD AVENUE sales between January 1997 and August 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 February 2010 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 18 GRANGEWOOD AVENUE be worth now?

18 GRANGEWOOD AVENUE might now be worth an estimated £464,142.

This is based on house price inflation of 19%, between August 2020 and February 2025, for semi-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 19% inflationary increase is applied to the most recent sale price for 18 GRANGEWOOD AVENUE of £390,000 on 24th August 2020. For the value to have increased from £390,000 to £464,142 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 18 GRANGEWOOD AVENUE has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The August 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GRANGEWOOD AVENUE has not materially changed since August 2020.

How Large is 18 GRANGEWOOD AVENUE?

18 GRANGEWOOD AVENUE is 76m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of semi-detached houses houses in Grays, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grays, and where 18 GRANGEWOOD AVENUE lies on this distribution: 9% of semi-detached houses houses are smaller than 18 GRANGEWOOD AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Grays.

18 GRANGEWOOD AVENUE: Plot and Title Map

18 GRANGEWOOD AVENUE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 18 GRANGEWOOD 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 18 GRANGEWOOD 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 18 GRANGEWOOD AVENUE?

18 GRANGEWOOD AVENUE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 18 on GRANGEWOOD AVENUE.