31, MEDINA ROAD, GRAYS, RM17 6AQ - £342,000

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

31 MEDINA ROAD is a very small extended detached house of 70m², built sometime between 1930 and 1949. It was last sold for £342,000 in December 2017, which was around 31% below the average December 2017 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

31 MEDINA ROAD Sold Prices

Land registry data shows two sales for 31 MEDINA ROAD 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 31 MEDINA ROAD 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
2017 14 DEC	£342,000	£499,042	31% below HPI
2009 28 SEP	£93,500	£279,836	67% below HPI

31 MEDINA 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 two 31 MEDINA ROAD sales from September 2009 and December 2017 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 2009 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the December 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 31 MEDINA ROAD be worth now?

31 MEDINA ROAD might now be worth an estimated £406,675.

This is based on house price inflation of 18.9%, between December 2017 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 18.9% inflationary increase is applied to the most recent sale price for 31 MEDINA ROAD of £342,000 on 14th December 2017. For the value to have increased from £342,000 to £406,675 over the seven years to December 2024, the following assumptions must hold true:

• The value of 31 MEDINA ROAD has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The December 2017 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MEDINA ROAD has not materially changed since December 2017.

How Large is 31 MEDINA ROAD?

31 MEDINA ROAD is 70m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% 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 31 MEDINA ROAD lies on this distribution: 5% of detached houses houses are smaller than 31 MEDINA ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Grays.

31 MEDINA ROAD: Plot and Title Map

31 MEDINA ROAD sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 31 MEDINA 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 31 MEDINA 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 31 MEDINA ROAD?

31 MEDINA ROAD is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 31 on MEDINA ROAD.