57, DRAKE ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6RG - £375,000

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

57 DRAKE ROAD is a very large detached house of 246m², built sometime between 1996 and 2002. It was last sold for £375,000 in April 2012, which was around 24% above the average April 2012 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

57 DRAKE ROAD Sold Prices

Land registry data shows two sales for 57 DRAKE 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 57 DRAKE ROAD 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
2012 30 APR	£375,000	£301,442	24% above HPI
2002 27 SEP	£399,950	£222,985	79% above HPI

57 DRAKE 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 57 DRAKE ROAD sales from September 2002 and April 2012 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 September 2002 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the April 2012 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 57 DRAKE ROAD?

57 DRAKE ROAD is 246m² according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of detached houses by size in Chafford Hundred, and where 57 DRAKE ROAD lies on this distribution: 99% of detached houses are smaller than 57 DRAKE ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

57 DRAKE ROAD: Plot and Title Map

57 DRAKE ROAD sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 57 DRAKE 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 57 DRAKE 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 57 DRAKE ROAD?

57 DRAKE ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 57 on DRAKE ROAD.