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
7 NEWBURGH ROAD is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £470,000 in May 2022, which was around 21% below the average May 2022 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 NEWBURGH ROAD since 1st 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 7 NEWBURGH 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 |
---|---|---|---|
2022 17 MAY | £470,000 | £595,388 | 21% below HPI |
2017 19 JUN | £344,995 | £474,224 | 27% below HPI |
2004 17 DEC | £225,000 | £292,644 | 23% below HPI |
2000 30 JUN | £149,500 | £147,706 | 1% above HPI |
The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The four 7 NEWBURGH ROAD sales between June 2000 and May 2022 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 June 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
7 NEWBURGH ROAD is 87m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in Grays, based on EPC data. The below chart shows the distribution of detached houses by size in Grays, and where 7 NEWBURGH ROAD lies on this distribution: 22% of detached houses are smaller than 7 NEWBURGH ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Grays.
7 NEWBURGH ROAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 7 NEWBURGH 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 7 NEWBURGH 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.
7 NEWBURGH ROAD is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 7 on NEWBURGH ROAD.