67, DRAKE ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6RG - £500,000

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.

67 DRAKE ROAD is a midsized extended detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £597,099. It was last sold for £500,000 in January 2020, which was around 1% below the average January 2020 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

67 DRAKE ROAD Sold Prices

Land registry data shows three sales for 67 DRAKE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. One of the three 67 DRAKE ROAD sales was for below the average price, whilst two 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
2020 10 JAN	£500,000	£503,177	1% below HPI
2007 5 MAR	£320,000	£307,614	4% above HPI
2003 4 SEP	£303,000	£268,774	13% above HPI

67 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 three 67 DRAKE ROAD sales between September 2003 and January 2020 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 March 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 67 DRAKE ROAD be worth now?

67 DRAKE ROAD might now be worth an estimated £597,099.

This is based on house price inflation of 19.4%, between January 2020 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 19.4% inflationary increase is applied to the most recent sale price for 67 DRAKE ROAD of £500,000 on 10th January 2020. For the value to have increased from £500,000 to £597,099 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 67 DRAKE ROAD has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The January 2020 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 67 DRAKE ROAD has not materially changed since January 2020.

How Large is 67 DRAKE ROAD?

67 DRAKE ROAD is 118m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chafford Hundred, and where 67 DRAKE ROAD lies on this distribution: 54% of detached houses houses are smaller than 67 DRAKE ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

67 DRAKE ROAD: Plot and Title Map

67 DRAKE ROAD sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 67 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 67 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 67 DRAKE ROAD?

67 DRAKE ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 67 on DRAKE ROAD.