33, WELLING ROAD, ORSETT, GRAYS, RM16 3DW - £392,500

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

33 WELLING ROAD is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £392,500 in January 2024, which was around 34% below the average January 2024 detached price in the Thurrock local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

33 WELLING ROAD Sold Prices

Land registry data shows four sales for 33 WELLING ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the four 33 WELLING 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
2024 26 JAN	£392,500	£594,897	34% below HPI
2020 16 OCT	£325,000	£535,340	39% below HPI
2001 30 MAY	£127,000	£166,180	24% below HPI
1999 10 DEC	£93,995	£130,479	28% below HPI

33 WELLING 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 four 33 WELLING ROAD sales between December 1999 and January 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 October 2020 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2024 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 33 WELLING ROAD?

33 WELLING ROAD is 68m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses by size in Southfields, and where 33 WELLING ROAD lies on this distribution: 2% of detached houses are smaller than 33 WELLING ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Southfields.

33 WELLING ROAD: Plot and Title Map

33 WELLING ROAD sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 33 WELLING 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 33 WELLING 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 33 WELLING ROAD?

33 WELLING ROAD is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 33 on WELLING ROAD.