56, HEMLEY ROAD, ORSETT, GRAYS, RM16 3DQ - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 HEMLEY ROAD is a small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £385,000 in January 2019, which was around 25% below the average January 2019 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

56 HEMLEY ROAD Sold Prices

Land registry data shows two sales for 56 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 56 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
2019 30 JAN	£385,000	£512,860	25% below HPI
2001 30 APR	£160,000	£167,862	5% below HPI

56 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 56 HEMLEY ROAD sales from April 2001 and January 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 April 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 56 HEMLEY ROAD?

56 HEMLEY ROAD is 89m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses by size in Southfields, and where 56 HEMLEY ROAD lies on this distribution: 21% of detached houses are smaller than 56 HEMLEY ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Southfields.

56 HEMLEY ROAD: Plot and Title Map

56 HEMLEY ROAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 56 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 56 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 56 HEMLEY ROAD?

56 HEMLEY ROAD is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 56 on HEMLEY ROAD.