1A, ADVICE AVENUE, GRAYS, RM16 6QN - £495,000

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

1A ADVICE AVENUE is a large extended detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £518,456. It was last sold for £495,000 in November 2021, which was around 13% below the average November 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

1A ADVICE AVENUE Sold Prices

Land registry data shows five sales for 1A ADVICE AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the five 1A ADVICE AVENUE 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
2021 3 NOV	£495,000	£566,568	13% below HPI
2014 28 AUG	£280,000	£342,092	18% below HPI
2010 18 JAN	£245,000	£287,352	15% below HPI
2004 24 FEB	£222,000	£274,144	19% below HPI
1997 20 JUN	£86,500	£96,595	10% below HPI

1A ADVICE AVENUE 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 five 1A ADVICE AVENUE sales between June 1997 and November 2021 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1A ADVICE AVENUE be worth now?

1A ADVICE AVENUE might now be worth an estimated £518,456.

This is based on house price inflation of 4.7%, between November 2021 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 4.7% inflationary increase is applied to the most recent sale price for 1A ADVICE AVENUE of £495,000 on 3rd November 2021. For the value to have increased from £495,000 to £518,456 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1A ADVICE AVENUE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The November 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 1A ADVICE AVENUE has not materially changed since November 2021.

How Large is 1A ADVICE AVENUE?

1A ADVICE AVENUE is 118m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% 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 1A ADVICE AVENUE lies on this distribution: 66% of detached houses houses are smaller than 1A ADVICE AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Grays.

1A ADVICE AVENUE: Plot and Title Map

1A ADVICE AVENUE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 1A ADVICE 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 1A ADVICE 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 1A ADVICE AVENUE?

1A ADVICE AVENUE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 1A on ADVICE AVENUE.