55, HEMLEY ROAD, ORSETT, GRAYS, RM16 3DG - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 HEMLEY ROAD is a large detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £534,652. It was last sold for £550,000 in December 2022, which was around 11% below the average December 2022 detached price in the Thurrock local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

55 HEMLEY ROAD Sold Prices

Land registry data shows two sales for 55 HEMLEY ROAD 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 55 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
2022 16 DEC	£550,000	£618,143	11% below HPI
2006 8 DEC	£275,000	£297,426	8% below HPI

55 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 two 55 HEMLEY ROAD sales from December 2006 and December 2022 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 December 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 55 HEMLEY ROAD be worth now?

55 HEMLEY ROAD might now be worth an estimated £534,652.

This is based on house price deflation of 2.8%, between December 2022 and February 2025, 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 2.8% deflationary decrease is applied to the most recent sale price for 55 HEMLEY ROAD of £550,000 on 16th December 2022. For the value to have decreased from £550,000 to £534,652 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 55 HEMLEY ROAD has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The December 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 55 HEMLEY ROAD has not materially changed since December 2022.

How Large is 55 HEMLEY ROAD?

55 HEMLEY ROAD is 115m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southfields, and where 55 HEMLEY ROAD lies on this distribution: 62% of detached houses houses are smaller than 55 HEMLEY ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Southfields.

55 HEMLEY ROAD: Plot and Title Map

55 HEMLEY ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 55 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 55 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 55 HEMLEY ROAD?

55 HEMLEY ROAD is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 55 on HEMLEY ROAD.