23, WELLING ROAD, ORSETT, GRAYS, RM16 3DF - £530,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

23 WELLING ROAD is a large extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £530,000 in February 2021, which was around 2% below the average February 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

23 WELLING ROAD Sold Prices

Land registry data shows three sales for 23 WELLING ROAD 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. Two of the three 23 WELLING ROAD sales were for below the average price, whilst one was 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
2021 16 FEB	£530,000	£540,256	2% below HPI
2016 27 JUN	£415,000	£462,988	10% below HPI
1995 17 FEB	£108,000	£92,778	16% above HPI

23 WELLING ROAD 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 23 WELLING ROAD sales between February 1995 and February 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 June 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 23 WELLING ROAD?

23 WELLING ROAD is 118m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses by size in Southfields, and where 23 WELLING ROAD lies on this distribution: 64% of detached houses are smaller than 23 WELLING ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Southfields.

23 WELLING ROAD: Plot and Title Map

23 WELLING ROAD sits on a plot of roughly 0.092 of an acre, or 370m². The below map shows the location of 23 WELLING 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 23 WELLING 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 23 WELLING ROAD?

23 WELLING ROAD is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 23 on WELLING ROAD.