4, THE SPINNEY, ORSETT, GRAYS, RM16 3EJ - £849,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 THE SPINNEY is a midsized extended detached house of 146m², built sometime between 1976 and 1982, which could now be worth an estimated £1,004,549. It was last sold for £849,995 in December 2018, which was around 67% above the average December 2018 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

4 THE SPINNEY Sold Prices

Land registry data shows two sales for 4 THE SPINNEY 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 4 THE SPINNEY 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
2018 20 DEC	£849,995	£508,443	67% above HPI
1995 27 JAN	£97,000	£96,065	1% above HPI

4 THE SPINNEY 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 4 THE SPINNEY sales from January 1995 and December 2018 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 January 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2018 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 4 THE SPINNEY be worth now?

4 THE SPINNEY might now be worth an estimated £1,004,549.

This is based on house price inflation of 18.2%, between December 2018 and February 2025, 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 18.2% inflationary increase is applied to the most recent sale price for 4 THE SPINNEY of £849,995 on 20th December 2018. For the value to have increased from £849,995 to £1,004,549 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 THE SPINNEY has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The December 2018 sale price of £849,995 represented a fair market value for the property.
• The size, condition, and specification of 4 THE SPINNEY has not materially changed since December 2018.

How Large is 4 THE SPINNEY?

4 THE SPINNEY is 146m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses houses in Orsett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Orsett, and where 4 THE SPINNEY lies on this distribution: 41% of detached houses houses are smaller than 4 THE SPINNEY, and 59% of houses are larger. Note that EPC data is not available for all properties in Orsett.

4 THE SPINNEY: Plot and Title Map

4 THE SPINNEY sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 4 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

4 THE SPINNEY is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 4 on THE SPINNEY.