2, FALCON AVENUE, GRAYS, RM17 6SD - £249,995

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

2 FALCON AVENUE is a large detached house of 121m², built sometime between 1976 and 1982. It was last sold for £249,995 in November 2007, which was around 24% below the average November 2007 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

2 FALCON AVENUE Sold Prices

Land registry data shows two sales for 2 FALCON AVENUE 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 FALCON 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
2007 29 NOV	£249,995	£329,267	24% below HPI
1999 11 MAY	£103,000	£115,516	11% below HPI

2 FALCON 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 two 2 FALCON AVENUE sales from May 1999 and November 2007 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 May 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2007 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 FALCON AVENUE be worth now?

2 FALCON AVENUE might now be worth an estimated £450,549.

This is based on house price inflation of 80.2%, between November 2007 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 80.2% inflationary increase is applied to the most recent sale price for 2 FALCON AVENUE of £249,995 on 29th November 2007. For the value to have increased from £249,995 to £450,549 over the sixteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 FALCON AVENUE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The November 2007 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 2 FALCON AVENUE has not materially changed since November 2007.

How Large is 2 FALCON AVENUE?

2 FALCON AVENUE is 121m² according to the EPC inspection conducted in October 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 2 FALCON AVENUE lies on this distribution: 68% of detached houses houses are smaller than 2 FALCON AVENUE, and 31% of houses are larger. Note that EPC data is not available for all properties in Grays.

2 FALCON AVENUE: Plot and Title Map

2 FALCON AVENUE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 FALCON 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 FALCON 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 FALCON AVENUE?

2 FALCON AVENUE is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 2 on FALCON AVENUE.