3, CHESTNUT AVENUE, GRAYS, RM16 2UH - £650,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 CHESTNUT AVENUE is a very large extended detached house of 181m², built sometime between 1930 and 1949. It was last sold for £650,000 in May 2024, which was around 9% above the average May 2024 detached price in the Thurrock local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

3 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 3 CHESTNUT AVENUE 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 3 CHESTNUT AVENUE sales were for above the average price, whilst one was 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
2024 31 MAY	£650,000	£593,903	9% above HPI
2005 23 FEB	£349,995	£286,638	22% above HPI
2003 14 AUG	£225,000	£266,032	15% below HPI

3 CHESTNUT AVENUE 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 3 CHESTNUT AVENUE sales between August 2003 and May 2024 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 February 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2024 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 3 CHESTNUT AVENUE?

3 CHESTNUT AVENUE is 181m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 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 3 CHESTNUT AVENUE lies on this distribution: 93% of detached houses are smaller than 3 CHESTNUT AVENUE, and 7% of houses are larger. Note that EPC data is not available for all properties in Grays.

3 CHESTNUT AVENUE: Plot and Title Map

3 CHESTNUT AVENUE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 3 CHESTNUT AVENUE, 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 3 CHESTNUT AVENUE). 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 3 CHESTNUT AVENUE?

3 CHESTNUT AVENUE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 3 on CHESTNUT AVENUE.