3, FIR TREE CLOSE, GRAYS, RM17 6TY - £480,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 FIR TREE CLOSE is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £480,000 in February 2024, which was around 17% below the average February 2024 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

3 FIR TREE CLOSE Sold Prices

Land registry data shows two sales for 3 FIR TREE CLOSE 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 FIR TREE CLOSE 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 22 FEB	£480,000	£580,435	17% below HPI
2011 7 NOV	£270,000	£306,812	12% below HPI

3 FIR TREE CLOSE 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 FIR TREE CLOSE sales from November 2011 and February 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 November 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 FIR TREE CLOSE be worth now?

3 FIR TREE CLOSE might now be worth an estimated £490,734.

This is based on house price inflation of 2.2%, between February 2024 and December 2024, for 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 2.2% inflationary increase is applied to the most recent sale price for 3 FIR TREE CLOSE of £480,000 on 22nd February 2024. For the value to have increased from £480,000 to £490,734 over the two months to December 2024, the following assumptions must hold true:

• The value of 3 FIR TREE CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The February 2024 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FIR TREE CLOSE has not materially changed since February 2024.

How Large is 3 FIR TREE CLOSE?

3 FIR TREE CLOSE is 123m² according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses houses in Grays, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grays, and where 3 FIR TREE CLOSE lies on this distribution: 69% of detached houses houses are smaller than 3 FIR TREE CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Grays.

3 FIR TREE CLOSE: Plot and Title Map

3 FIR TREE CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 3 FIR TREE 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 3 FIR TREE 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 3 FIR TREE CLOSE?

3 FIR TREE CLOSE is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 3 on FIR TREE CLOSE.