5, ARCHATES AVENUE, GRAYS, RM16 6QS - £420,000

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

5 ARCHATES AVENUE is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £420,000 in May 2019, which was around 16% below the average May 2019 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

5 ARCHATES AVENUE Sold Prices

Land registry data shows two sales for 5 ARCHATES AVENUE 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. One of the two 5 ARCHATES AVENUE sales was for below the average price, whilst the other was 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
2019 2 MAY	£420,000	£500,928	16% below HPI
1997 30 MAY	£107,000	£94,110	14% above HPI

5 ARCHATES 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 two 5 ARCHATES AVENUE sales from May 1997 and May 2019 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 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 ARCHATES AVENUE be worth now?

5 ARCHATES AVENUE might now be worth an estimated £497,545.

This is based on house price inflation of 18.5%, between May 2019 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 18.5% inflationary increase is applied to the most recent sale price for 5 ARCHATES AVENUE of £420,000 on 2nd May 2019. For the value to have increased from £420,000 to £497,545 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 5 ARCHATES AVENUE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The May 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ARCHATES AVENUE has not materially changed since May 2019.

How Large is 5 ARCHATES AVENUE?

5 ARCHATES AVENUE is 94m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% 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 5 ARCHATES AVENUE lies on this distribution: 32% of detached houses houses are smaller than 5 ARCHATES AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Grays.

5 ARCHATES AVENUE: Plot and Title Map

5 ARCHATES AVENUE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 5 ARCHATES 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 5 ARCHATES 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 5 ARCHATES AVENUE?

5 ARCHATES AVENUE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 5 on ARCHATES AVENUE.