201, MALTHOUSE DRIVE, GRAYS, RM17 5FH - £450,000

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

201 MALTHOUSE DRIVE is a small detached house of 92m². It was last sold for £450,000 in May 2022, which was around 24% below the average May 2022 detached price in the Thurrock local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

201 MALTHOUSE DRIVE Sold Prices

Land registry data shows two sales for 201 MALTHOUSE DRIVE 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 201 MALTHOUSE DRIVE 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
2022 6 MAY	£450,000	£590,712	24% below HPI
2019 29 MAR	£375,000	£510,798	27% below HPI

201 MALTHOUSE 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 two 201 MALTHOUSE DRIVE sales from March 2019 and May 2022 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 March 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 201 MALTHOUSE DRIVE be worth now?

201 MALTHOUSE DRIVE might now be worth an estimated £452,059.

This is based on house price inflation of 0.5%, between May 2022 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 0.5% inflationary increase is applied to the most recent sale price for 201 MALTHOUSE DRIVE of £450,000 on 6th May 2022. For the value to have increased from £450,000 to £452,059 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 201 MALTHOUSE DRIVE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The May 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 201 MALTHOUSE DRIVE has not materially changed since May 2022.

How Large is 201 MALTHOUSE DRIVE?

201 MALTHOUSE DRIVE is 92m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% 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 201 MALTHOUSE DRIVE lies on this distribution: 29% of detached houses houses are smaller than 201 MALTHOUSE DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Grays.

201 MALTHOUSE DRIVE: Plot and Title Map

201 MALTHOUSE DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 201 MALTHOUSE 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 201 MALTHOUSE 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 201 MALTHOUSE DRIVE?

201 MALTHOUSE DRIVE is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 201 on MALTHOUSE DRIVE.