54, CHESTNUT AVENUE, GRAYS, RM16 2UJ - £460,000

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

54 CHESTNUT AVENUE is a midsized extended semi-detached house of 110m², built sometime before 1900, which could now be worth an estimated £595,725. It was last sold for £460,000 in September 2016, which was around 49% above the average September 2016 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

54 CHESTNUT AVENUE Sold Prices

Land registry data shows four sales for 54 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. All of the four 54 CHESTNUT AVENUE 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
2016 8 SEP	£460,000	£308,651	49% above HPI
2008 25 JUL	£360,000	£210,098	71% above HPI
2005 30 SEP	£320,000	£191,547	67% above HPI
1997 31 OCT	£68,000	£64,869	5% above HPI

54 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thurrock local authority area over time, sourced from the HPI. The four 54 CHESTNUT AVENUE sales between October 1997 and September 2016 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 July 2008 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the September 2016 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 54 CHESTNUT AVENUE be worth now?

54 CHESTNUT AVENUE might now be worth an estimated £595,725.

This is based on house price inflation of 29.5%, between September 2016 and December 2024, for semi-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 29.5% inflationary increase is applied to the most recent sale price for 54 CHESTNUT AVENUE of £460,000 on 8th September 2016. For the value to have increased from £460,000 to £595,725 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of 54 CHESTNUT AVENUE has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The September 2016 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 54 CHESTNUT AVENUE has not materially changed since September 2016.

How Large is 54 CHESTNUT AVENUE?

54 CHESTNUT AVENUE is 110m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of semi-detached houses houses in Grays, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grays, and where 54 CHESTNUT AVENUE lies on this distribution: 54% of semi-detached houses houses are smaller than 54 CHESTNUT AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Grays.

54 CHESTNUT AVENUE: Plot and Title Map

54 CHESTNUT AVENUE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 54 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 54 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 54 CHESTNUT AVENUE?

54 CHESTNUT AVENUE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 54 on CHESTNUT AVENUE.