61, DRAKE ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6RG - £452,500

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

61 DRAKE ROAD is a midsized detached house of 123m², built sometime between 2003 and 2006. It was last sold for £452,500 in September 2017, which was around 9% below the average September 2017 detached price in the Thurrock local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

61 DRAKE ROAD Sold Prices

Land registry data shows four sales for 61 DRAKE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Most of the four 61 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
2017 15 SEP	£452,500	£499,242	9% below HPI
2005 2 SEP	£300,000	£297,065	1% above HPI
2004 3 DEC	£330,000	£292,644	13% above HPI
2003 14 MAR	£284,995	£252,325	13% above HPI

61 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 four 61 DRAKE ROAD sales between March 2003 and September 2017 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 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 61 DRAKE ROAD?

61 DRAKE ROAD is 123m² according to the EPC inspection conducted in December 2011. This puts it in the largest 50% 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 61 DRAKE ROAD lies on this distribution: 59% of detached houses are smaller than 61 DRAKE ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

61 DRAKE ROAD: Plot and Title Map

61 DRAKE ROAD sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 61 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 61 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 61 DRAKE ROAD?

61 DRAKE ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 61 on DRAKE ROAD.