29, MEAD CLOSE, GRAYS, RM16 2TR - £360,000

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.

29 MEAD CLOSE is a very small terraced house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £370,760. It was last sold for £360,000 in May 2022, which was around 16% above the average May 2022 terraced price in the Thurrock local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

29 MEAD CLOSE Sold Prices

Land registry data shows two sales for 29 MEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. Both of the two 29 MEAD 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
2022 27 MAY	£360,000	£310,214	16% above HPI
2012 23 MAR	£190,000	£161,130	18% above HPI

29 MEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Thurrock local authority area over time, sourced from the HPI. The two 29 MEAD CLOSE sales from March 2012 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 2012 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2022 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 29 MEAD CLOSE be worth now?

29 MEAD CLOSE might now be worth an estimated £370,760.

This is based on house price inflation of 3%, between May 2022 and July 2025, for terraced 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 3% inflationary increase is applied to the most recent sale price for 29 MEAD CLOSE of £360,000 on 27th May 2022. For the value to have increased from £360,000 to £370,760 over the two years and ten months to July 2025, the following assumptions must hold true:

• The value of 29 MEAD CLOSE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The May 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 29 MEAD CLOSE has not materially changed since May 2022.

How Large is 29 MEAD CLOSE?

29 MEAD CLOSE is 79m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of terraced houses houses in Grays, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grays, and where 29 MEAD CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 29 MEAD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Grays.

29 MEAD CLOSE: Plot and Title Map

29 MEAD CLOSE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 29 MEAD 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 29 MEAD 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 29 MEAD CLOSE?

29 MEAD CLOSE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 29 on MEAD CLOSE.