50, CHESTNUT AVENUE, GRAYS, RM16 2UJ - £475,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

50 CHESTNUT AVENUE is a very large extended detached house of 161m², built sometime between 1950 and 1966. It was last sold for £475,000 in September 2014, which was around 34% above the average September 2014 detached price in the Thurrock local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

50 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 50 CHESTNUT 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 50 CHESTNUT AVENUE sales was for above the average price, whilst the other was 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
2014 12 SEP	£475,000	£353,928	34% above HPI
2007 10 APR	£220,000	£306,227	28% below HPI

50 CHESTNUT 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 50 CHESTNUT AVENUE sales from April 2007 and September 2014 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 April 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2014 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 50 CHESTNUT AVENUE?

50 CHESTNUT AVENUE is 161m², which includes three extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 20% of detached houses in Grays, based on EPC data. The below chart shows the distribution of detached houses by size in Grays, and where 50 CHESTNUT AVENUE lies on this distribution: 89% of detached houses are smaller than 50 CHESTNUT AVENUE, and 11% of houses are larger. Note that EPC data is not available for all properties in Grays.

50 CHESTNUT AVENUE: Plot and Title Map

50 CHESTNUT AVENUE sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 50 CHESTNUT 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 50 CHESTNUT 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 50 CHESTNUT AVENUE?

50 CHESTNUT AVENUE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 50 on CHESTNUT AVENUE.