35, DRAKE ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6PS - £412,500

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

35 DRAKE ROAD is a small extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £412,500 in November 2017, which was around 18% below the average November 2017 detached price in the Thurrock local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was C.

35 DRAKE ROAD Sold Prices

Land registry data shows four sales for 35 DRAKE 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 35 DRAKE 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 24 NOV	£412,500	£501,570	18% below HPI
2012 2 NOV	£225,000	£316,678	29% below HPI
2006 3 MAY	£247,000	£296,457	17% below HPI
2001 16 FEB	£139,000	£163,334	15% below HPI

35 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 four 35 DRAKE ROAD sales between February 2001 and November 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 November 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 35 DRAKE ROAD?

35 DRAKE ROAD is 104m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% 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 35 DRAKE ROAD lies on this distribution: 31% of detached houses are smaller than 35 DRAKE ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

35 DRAKE ROAD: Plot and Title Map

35 DRAKE ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 35 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 35 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 35 DRAKE ROAD?

35 DRAKE ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 35 on DRAKE ROAD.