24, MEDLAR ROAD, GRAYS, RM17 6TU - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 MEDLAR ROAD is a very small semi-detached house of 69m², built sometime between 1983 and 1990. It was last sold for £240,000 in September 2015, which was around 41% below the average September 2015 detached price in the Thurrock local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

24 MEDLAR ROAD Sold Prices

Land registry data shows two sales for 24 MEDLAR ROAD 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 24 MEDLAR ROAD 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
2015 29 SEP	£240,000	£410,132	41% below HPI
2011 16 DEC	£175,000	£307,397	43% below HPI

24 MEDLAR 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 two 24 MEDLAR ROAD sales from December 2011 and September 2015 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 December 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2015 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 24 MEDLAR ROAD?

24 MEDLAR ROAD is 69m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses in Grays, based on EPC data. The below chart shows the distribution of detached houses by size in Grays, and where 24 MEDLAR ROAD lies on this distribution: 5% of detached houses are smaller than 24 MEDLAR ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Grays.

24 MEDLAR ROAD: Plot and Title Map

24 MEDLAR ROAD sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 24 MEDLAR 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 24 MEDLAR 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 24 MEDLAR ROAD?

24 MEDLAR ROAD is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 24 on MEDLAR ROAD.