2, BONHAM DRIVE, ORSETT, GRAYS, RM16 3HG - £715,000

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 BONHAM DRIVE is a midsized extended detached house of 148m², built sometime between 1996 and 2002. It was last sold for £715,000 in July 2023, which was around 17% above the average July 2023 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

2 BONHAM DRIVE Sold Prices

Land registry data shows three sales for 2 BONHAM DRIVE 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. All of the three 2 BONHAM DRIVE 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
2023 26 JUL	£715,000	£610,143	17% above HPI
2015 11 DEC	£525,000	£435,940	20% above HPI
2004 29 OCT	£394,950	£294,374	34% above HPI

2 BONHAM DRIVE 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 BONHAM DRIVE sales between October 2004 and July 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 December 2015 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2023 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 BONHAM DRIVE?

2 BONHAM DRIVE is 148m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Orsett, based on EPC data. The below chart shows the distribution of detached houses by size in Orsett, and where 2 BONHAM DRIVE lies on this distribution: 45% of detached houses are smaller than 2 BONHAM DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Orsett.

2 BONHAM DRIVE: Plot and Title Map

2 BONHAM DRIVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 2 BONHAM DRIVE, 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 BONHAM DRIVE). 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 BONHAM DRIVE?

2 BONHAM DRIVE is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 2 on BONHAM DRIVE.