5, CONRAD GARDENS, GRAYS, RM16 2TN - £544,000

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 CONRAD GARDENS is a large extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £544,000 in August 2019, which was around 8% above the average August 2019 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

5 CONRAD GARDENS Sold Prices

Land registry data shows two sales for 5 CONRAD GARDENS 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 5 CONRAD GARDENS 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
2019 22 AUG	£544,000	£504,669	8% above HPI
1997 27 JUN	£141,000	£96,595	46% above HPI

5 CONRAD GARDENS 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 CONRAD GARDENS sales from June 1997 and August 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 June 1997 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 5 CONRAD GARDENS be worth now?

5 CONRAD GARDENS might now be worth an estimated £639,662.

This is based on house price inflation of 17.6%, between August 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 17.6% inflationary increase is applied to the most recent sale price for 5 CONRAD GARDENS of £544,000 on 22nd August 2019. For the value to have increased from £544,000 to £639,662 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 CONRAD GARDENS has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The August 2019 sale price of £544,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CONRAD GARDENS has not materially changed since August 2019.

How Large is 5 CONRAD GARDENS?

5 CONRAD GARDENS is 120m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 CONRAD GARDENS lies on this distribution: 68% of detached houses houses are smaller than 5 CONRAD GARDENS, and 32% of houses are larger. Note that EPC data is not available for all properties in Grays.

5 CONRAD GARDENS: Plot and Title Map

5 CONRAD GARDENS sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 5 CONRAD GARDENS, 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 CONRAD GARDENS). 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 CONRAD GARDENS?

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