4, PALMERS AVENUE, GRAYS, RM17 5UB - £375,000

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

4 PALMERS AVENUE is a very large extended detached house of 137m², built sometime between 1930 and 1949, which could now be worth an estimated £730,408. It was last sold for £375,000 in May 2007, which was around 23% above the average May 2007 detached price in the Thurrock local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

4 PALMERS AVENUE Sold Prices

Land registry data shows three sales for 4 PALMERS AVENUE 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. All of the three 4 PALMERS AVENUE 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
2007 8 MAY	£375,000	£304,666	23% above HPI
2002 22 JUL	£246,000	£215,165	14% above HPI
1997 12 SEP	£137,000	£103,803	32% above HPI

4 PALMERS AVENUE 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 4 PALMERS AVENUE sales between September 1997 and May 2007 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 July 2002 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2007 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 4 PALMERS AVENUE be worth now?

4 PALMERS AVENUE might now be worth an estimated £730,408.

This is based on house price inflation of 94.8%, between May 2007 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 94.8% inflationary increase is applied to the most recent sale price for 4 PALMERS AVENUE of £375,000 on 8th May 2007. For the value to have increased from £375,000 to £730,408 over the sixteen years and five months to December 2024, the following assumptions must hold true:

• The value of 4 PALMERS AVENUE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The May 2007 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PALMERS AVENUE has not materially changed since May 2007.

How Large is 4 PALMERS AVENUE?

4 PALMERS AVENUE is 137m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 20% 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 4 PALMERS AVENUE lies on this distribution: 81% of detached houses houses are smaller than 4 PALMERS AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Grays.

4 PALMERS AVENUE: Plot and Title Map

4 PALMERS AVENUE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 4 PALMERS AVENUE, 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 4 PALMERS AVENUE). 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 4 PALMERS AVENUE?

4 PALMERS AVENUE is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 4 on PALMERS AVENUE.