56, ARK AVENUE, GRAYS, RM16 6QR - £340,000

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.

56 ARK AVENUE is a very small extended terraced house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £373,396. It was last sold for £340,000 in August 2021, which was around 17% above the average August 2021 terraced price in the Thurrock local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

56 ARK AVENUE Sold Prices

Land registry data shows three sales for 56 ARK AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. All of the three 56 ARK 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
2021 17 AUG	£340,000	£290,912	17% above HPI
2001 22 JUN	£118,000	£78,164	51% above HPI
1997 10 NOV	£80,000	£49,938	60% above HPI

56 ARK AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Thurrock local authority area over time, sourced from the HPI. The three 56 ARK AVENUE sales between November 1997 and August 2021 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 2001 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the August 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 56 ARK AVENUE be worth now?

56 ARK AVENUE might now be worth an estimated £373,396.

This is based on house price inflation of 9.8%, between August 2021 and July 2025, for terraced 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 9.8% inflationary increase is applied to the most recent sale price for 56 ARK AVENUE of £340,000 on 17th August 2021. For the value to have increased from £340,000 to £373,396 over the four years and one month to July 2025, the following assumptions must hold true:

• The value of 56 ARK AVENUE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The August 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 56 ARK AVENUE has not materially changed since August 2021.

How Large is 56 ARK AVENUE?

56 ARK AVENUE is 78m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of terraced houses houses in Grays, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grays, and where 56 ARK AVENUE lies on this distribution: 11% of terraced houses houses are smaller than 56 ARK AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Grays.

56 ARK AVENUE: Plot and Title Map

56 ARK AVENUE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 56 ARK 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 56 ARK 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 56 ARK AVENUE?

56 ARK AVENUE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 56 on ARK AVENUE.