3, FAIRFIELD AVENUE, GRAYS, RM16 2LT - £332,500

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.

3 FAIRFIELD AVENUE is a very small semi-detached house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £390,841. It was last sold for £332,500 in October 2020, which was around 3% below the average October 2020 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

3 FAIRFIELD AVENUE Sold Prices

Land registry data shows two sales for 3 FAIRFIELD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. One of the two 3 FAIRFIELD AVENUE sales was for below the average price, whilst the other 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
2020 6 OCT	£332,500	£343,888	3% below HPI
2017 17 JUL	£315,000	£309,675	2% above HPI

3 FAIRFIELD AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thurrock local authority area over time, sourced from the HPI. The two 3 FAIRFIELD AVENUE sales from July 2017 and October 2020 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 July 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 FAIRFIELD AVENUE be worth now?

3 FAIRFIELD AVENUE might now be worth an estimated £390,841.

This is based on house price inflation of 17.5%, between October 2020 and February 2025, for semi-detached 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 17.5% inflationary increase is applied to the most recent sale price for 3 FAIRFIELD AVENUE of £332,500 on 6th October 2020. For the value to have increased from £332,500 to £390,841 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 FAIRFIELD AVENUE has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The October 2020 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 3 FAIRFIELD AVENUE has not materially changed since October 2020.

How Large is 3 FAIRFIELD AVENUE?

3 FAIRFIELD AVENUE is 71m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of semi-detached houses houses in Grays, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grays, and where 3 FAIRFIELD AVENUE lies on this distribution: 7% of semi-detached houses houses are smaller than 3 FAIRFIELD AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Grays.

3 FAIRFIELD AVENUE: Plot and Title Map

3 FAIRFIELD AVENUE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 3 FAIRFIELD 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 FAIRFIELD 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 FAIRFIELD AVENUE?

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