3, FALCON AVENUE, GRAYS, RM17 6SB - £215,000

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

3 FALCON AVENUE is a small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £215,000 in July 2013, which was around 31% below the average July 2013 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

3 FALCON AVENUE Sold Prices

Land registry data shows three sales for 3 FALCON 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. All of the three 3 FALCON AVENUE 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
2013 5 JUL	£215,000	£310,576	31% below HPI
2001 29 JUN	£112,000	£168,310	33% below HPI
1996 29 MAR	£65,000	£89,351	27% below HPI

3 FALCON 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 FALCON AVENUE sales between March 1996 and July 2013 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 June 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2013 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 FALCON AVENUE?

3 FALCON AVENUE is 87m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% 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 FALCON AVENUE lies on this distribution: 22% of detached houses are smaller than 3 FALCON AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Grays.

3 FALCON AVENUE: Plot and Title Map

3 FALCON AVENUE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 3 FALCON 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 FALCON 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 FALCON AVENUE?

3 FALCON AVENUE is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 3 on FALCON AVENUE.