3, WOODWARD CLOSE, GRAYS, RM17 5RP - £450,000

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 WOODWARD CLOSE is a large extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £450,000 in November 2015, which was around 7% above the average November 2015 detached price in the Thurrock local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

3 WOODWARD CLOSE Sold Prices

Land registry data shows two sales for 3 WOODWARD 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 WOODWARD CLOSE sales were 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
2015 6 NOV	£450,000	£421,224	7% above HPI
2000 21 DEC	£176,500	£153,357	15% above HPI

3 WOODWARD 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 WOODWARD CLOSE sales from December 2000 and November 2015 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 December 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 3 WOODWARD CLOSE be worth now?

3 WOODWARD CLOSE might now be worth an estimated £633,954.

This is based on house price inflation of 40.9%, between November 2015 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 40.9% inflationary increase is applied to the most recent sale price for 3 WOODWARD CLOSE of £450,000 on 6th November 2015. For the value to have increased from £450,000 to £633,954 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 WOODWARD CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The November 2015 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WOODWARD CLOSE has not materially changed since November 2015.

How Large is 3 WOODWARD CLOSE?

3 WOODWARD CLOSE is 131m², which includes three extensions, according to the EPC inspection conducted in June 2015. 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 WOODWARD CLOSE lies on this distribution: 76% of detached houses houses are smaller than 3 WOODWARD CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Grays.

3 WOODWARD CLOSE: Plot and Title Map

3 WOODWARD CLOSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 3 WOODWARD 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 WOODWARD 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 WOODWARD CLOSE?

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