30, DRAKE ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6PS - £295,000

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

30 DRAKE ROAD is a midsized detached house of 114m², built sometime between 1991 and 1995. It was last sold for £295,000 in October 2010, which was around 5% below the average October 2010 detached price in the Thurrock local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

30 DRAKE ROAD Sold Prices

Land registry data shows three sales for 30 DRAKE ROAD 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. Two of the three 30 DRAKE ROAD sales were for below the average price, whilst one 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
2010 28 OCT	£295,000	£309,157	5% below HPI
2007 14 SEP	£312,500	£325,837	4% below HPI
1998 30 JAN	£117,000	£105,452	11% above HPI

30 DRAKE ROAD 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 30 DRAKE ROAD sales between January 1998 and October 2010 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 September 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2010 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 30 DRAKE ROAD?

30 DRAKE ROAD is 114m² according to the EPC inspection conducted in June 2010. This puts it in the largest 50% 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 30 DRAKE ROAD lies on this distribution: 50% of detached houses are smaller than 30 DRAKE ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

30 DRAKE ROAD: Plot and Title Map

30 DRAKE ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 30 DRAKE ROAD, 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 30 DRAKE ROAD). 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 30 DRAKE ROAD?

30 DRAKE ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 30 on DRAKE ROAD.