224, RECTORY ROAD, GRAYS, RM17 5SN - £230,000

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

224 RECTORY ROAD is a small extended semi-detached house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £477,920. It was last sold for £230,000 in September 2011, which was around 20% above the average September 2011 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

224 RECTORY ROAD Sold Prices

Land registry data shows four sales for 224 RECTORY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. Most of the four 224 RECTORY ROAD 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
2011 23 SEP	£230,000	£192,366	20% above HPI
2003 31 OCT	£163,000	£167,403	3% below HPI
1996 5 JUN	£59,950	£54,437	10% above HPI
1996 19 JAN	£63,000	£57,861	9% above HPI

224 RECTORY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thurrock local authority area over time, sourced from the HPI. The four 224 RECTORY ROAD sales between January 1996 and September 2011 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 October 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2011 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 224 RECTORY ROAD be worth now?

224 RECTORY ROAD might now be worth an estimated £477,920.

This is based on house price inflation of 107.8%, between September 2011 and December 2024, for semi-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 107.8% inflationary increase is applied to the most recent sale price for 224 RECTORY ROAD of £230,000 on 23rd September 2011. For the value to have increased from £230,000 to £477,920 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 224 RECTORY ROAD has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The September 2011 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 224 RECTORY ROAD has not materially changed since September 2011.

How Large is 224 RECTORY ROAD?

224 RECTORY ROAD is 92m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of semi-detached houses houses in Grays, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grays, and where 224 RECTORY ROAD lies on this distribution: 29% of semi-detached houses houses are smaller than 224 RECTORY ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Grays.

224 RECTORY ROAD: Plot and Title Map

224 RECTORY ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 224 RECTORY ROAD, 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 224 RECTORY ROAD). 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 224 RECTORY ROAD?

224 RECTORY ROAD is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 224 on RECTORY ROAD.