57, WELLING ROAD, ORSETT, GRAYS, RM16 3DW - £274,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

57 WELLING ROAD is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £274,000 in April 2007, which was around 11% below the average April 2007 detached price in the Thurrock local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

57 WELLING ROAD Sold Prices

Land registry data shows two sales for 57 WELLING 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 WELLING 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
2007 27 APR	£274,000	£306,227	11% below HPI
1996 6 FEB	£79,995	£92,582	14% below HPI

57 WELLING 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 WELLING ROAD sales from February 1996 and April 2007 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 February 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2007 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 57 WELLING ROAD?

57 WELLING ROAD is 75m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses by size in Southfields, and where 57 WELLING ROAD lies on this distribution: 10% of detached houses are smaller than 57 WELLING ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Southfields.

57 WELLING ROAD: Plot and Title Map

57 WELLING ROAD sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 57 WELLING 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 WELLING 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 WELLING ROAD?

57 WELLING ROAD is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 57 on WELLING ROAD.