2, CHASE WAY, GRAYS, RM20 4BP - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CHASE WAY is a small detached house of 97m². It was last sold for £400,000 in January 2021, which was around 27% below the average January 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was B.

2 CHASE WAY Sold Prices

Land registry data shows two sales for 2 CHASE WAY 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. Both of the two 2 CHASE WAY 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 11 JAN	£400,000	£544,479	27% below HPI
2015 31 JUL	£269,995	£395,552	32% below HPI

2 CHASE WAY 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 2 CHASE WAY sales from July 2015 and January 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 July 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 CHASE WAY?

2 CHASE WAY is 97m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses in South Stifford, based on EPC data. The below chart shows the distribution of detached houses by size in South Stifford, and where 2 CHASE WAY lies on this distribution: 25% of detached houses are smaller than 2 CHASE WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

2 CHASE WAY: Plot and Title Map

2 CHASE WAY sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 2 CHASE WAY, 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 CHASE WAY). 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 CHASE WAY?

2 CHASE WAY is located in GRAYS, in the RM20 postcode district. The below map shows the position of No. 2 on CHASE WAY.