2, ADVICE AVENUE, GRAYS, RM16 6QN - £335,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 ADVICE AVENUE is a midsized extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £335,000 in March 2024, which was around 43% below the average March 2024 detached price in the Thurrock local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

2 ADVICE AVENUE Sold Prices

Land registry data shows three sales for 2 ADVICE AVENUE since 1^st 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. Two of the three 2 ADVICE AVENUE sales were for below the average price, whilst one was 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
2024 4 MAR	£335,000	£583,301	43% below HPI
2004 1 SEP	£277,500	£288,790	4% below HPI
2002 22 MAR	£207,000	£196,996	5% above HPI

2 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 three 2 ADVICE AVENUE sales between March 2002 and March 2024 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 September 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 ADVICE AVENUE?

2 ADVICE AVENUE is 107m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 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 2 ADVICE AVENUE lies on this distribution: 49% of detached houses are smaller than 2 ADVICE AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Grays.

2 ADVICE AVENUE: Plot and Title Map

2 ADVICE AVENUE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 2 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 2 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 2 ADVICE AVENUE?

2 ADVICE AVENUE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 2 on ADVICE AVENUE.