2, WOODWARD CLOSE, GRAYS, RM17 5RP - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WOODWARD CLOSE is a very large extended detached house of 193m², built sometime between 1950 and 1966, which could now be worth an estimated £723,178. It was last sold for £350,000 in April 2006, which was around 20% above the average April 2006 detached price in the Thurrock local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

2 WOODWARD CLOSE Sold Prices

Land registry data shows three sales for 2 WOODWARD CLOSE 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 WOODWARD CLOSE 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
2006 18 APR	£350,000	£290,817	20% above HPI
2003 3 JAN	£339,995	£248,176	37% above HPI
1999 29 JAN	£130,000	£116,471	12% above HPI

2 WOODWARD CLOSE 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 WOODWARD CLOSE sales between January 1999 and April 2006 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 January 2003 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2006 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 WOODWARD CLOSE be worth now?

2 WOODWARD CLOSE might now be worth an estimated £723,178.

This is based on house price inflation of 106.6%, between April 2006 and February 2025, 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 106.6% inflationary increase is applied to the most recent sale price for 2 WOODWARD CLOSE of £350,000 on 18th April 2006. For the value to have increased from £350,000 to £723,178 over the nineteen years and two months to February 2025, the following assumptions must hold true:

• The value of 2 WOODWARD CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The April 2006 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODWARD CLOSE has not materially changed since April 2006.

How Large is 2 WOODWARD CLOSE?

2 WOODWARD CLOSE is 193m², which includes three extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 10% 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 WOODWARD CLOSE lies on this distribution: 95% of detached houses houses are smaller than 2 WOODWARD CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Grays.

2 WOODWARD CLOSE: Plot and Title Map

2 WOODWARD CLOSE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 2 WOODWARD CLOSE, 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 WOODWARD CLOSE). 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 WOODWARD CLOSE?

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