49, HEMLEY ROAD, ORSETT, GRAYS, RM16 3DG - £485,000

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

49 HEMLEY ROAD is a large detached house of 123m², built sometime between 1991 and 1995. It was last sold for £485,000 in August 2021, which was around 12% below the average August 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

49 HEMLEY ROAD Sold Prices

Land registry data shows four sales for 49 HEMLEY 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. Most of the four 49 HEMLEY 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
2021 25 AUG	£485,000	£551,369	12% below HPI
2011 20 MAY	£262,500	£300,893	13% below HPI
2003 14 FEB	£249,000	£254,041	2% below HPI
1996 1 MAR	£95,000	£89,351	6% above HPI

49 HEMLEY 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 49 HEMLEY ROAD sales between March 1996 and August 2021 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 May 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 49 HEMLEY ROAD?

49 HEMLEY ROAD is 123m² according to the EPC inspection conducted in May 2009. This puts it in the largest 40% of detached houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses by size in Southfields, and where 49 HEMLEY ROAD lies on this distribution: 70% of detached houses are smaller than 49 HEMLEY ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Southfields.

49 HEMLEY ROAD: Plot and Title Map

49 HEMLEY ROAD sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 49 HEMLEY 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 49 HEMLEY 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 49 HEMLEY ROAD?

49 HEMLEY ROAD is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 49 on HEMLEY ROAD.