58, BARRETT WAY, AVELEY, SOUTH OCKENDON, RM15 4DB - £495,000

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.

58 BARRETT WAY is a very large detached house of 172m², which could now be worth an estimated £541,021. It was last sold for £495,000 in September 2021, which was around 10% below the average September 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

58 BARRETT WAY Sold Prices

Land registry data shows two sales for 58 BARRETT WAY 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 58 BARRETT WAY 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
2021 3 SEP	£495,000	£549,779	10% below HPI
2014 23 DEC	£350,000	£365,711	4% below HPI

58 BARRETT WAY 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 58 BARRETT WAY sales from December 2014 and September 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 December 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 58 BARRETT WAY be worth now?

58 BARRETT WAY might now be worth an estimated £541,021.

This is based on house price inflation of 9.3%, between September 2021 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 9.3% inflationary increase is applied to the most recent sale price for 58 BARRETT WAY of £495,000 on 3rd September 2021. For the value to have increased from £495,000 to £541,021 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 58 BARRETT WAY has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The September 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 58 BARRETT WAY has not materially changed since September 2021.

How Large is 58 BARRETT WAY?

58 BARRETT WAY is 172m² according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses houses in Aveley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aveley, and where 58 BARRETT WAY lies on this distribution: 96% of detached houses houses are smaller than 58 BARRETT WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Aveley.

58 BARRETT WAY: Plot and Title Map

58 BARRETT WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 58 BARRETT WAY, 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 58 BARRETT WAY). 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 58 BARRETT WAY?

58 BARRETT WAY is located in AVELEY, in the RM15 postcode district. The below map shows the position of No. 58 on BARRETT WAY.