3, DUARTE PLACE, GRAYS, RM16 6PQ - £495,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 DUARTE PLACE is a small detached house of 108m², built sometime between 1996 and 2002. It was last sold for £495,000 in August 2024, which was around 15% below the average August 2024 detached price in the Thurrock local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

3 DUARTE PLACE Sold Prices

Land registry data shows two sales for 3 DUARTE PLACE 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 3 DUARTE PLACE 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
2024 29 AUG	£495,000	£584,106	15% below HPI
2012 30 MAY	£242,500	£297,073	18% below HPI

3 DUARTE PLACE 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 3 DUARTE PLACE sales from May 2012 and August 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 May 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 DUARTE PLACE?

3 DUARTE PLACE is 108m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% of detached houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of detached houses by size in Chafford Hundred, and where 3 DUARTE PLACE lies on this distribution: 37% of detached houses are smaller than 3 DUARTE PLACE, and 62% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

3 DUARTE PLACE: Plot and Title Map

3 DUARTE PLACE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 3 DUARTE PLACE, 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 DUARTE PLACE). 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 DUARTE PLACE?

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