72, DRAKE ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6PS - £340,000

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.

72 DRAKE ROAD is a small semi-detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £506,464. It was last sold for £340,000 in November 2015, which was around 25% above the average November 2015 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

72 DRAKE ROAD Sold Prices

Land registry data shows four sales for 72 DRAKE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. All of the four 72 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
2015 5 NOV	£340,000	£271,366	25% above HPI
2004 21 JAN	£182,500	£171,188	7% above HPI
1999 29 APR	£83,000	£70,921	17% above HPI
1995 31 AUG	£77,000	£57,632	34% above HPI

72 DRAKE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thurrock local authority area over time, sourced from the HPI. The four 72 DRAKE ROAD sales between August 1995 and November 2015 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 January 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 72 DRAKE ROAD be worth now?

72 DRAKE ROAD might now be worth an estimated £506,464.

This is based on house price inflation of 49%, between November 2015 and February 2025, for semi-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 49% inflationary increase is applied to the most recent sale price for 72 DRAKE ROAD of £340,000 on 5th November 2015. For the value to have increased from £340,000 to £506,464 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 72 DRAKE ROAD has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The November 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 72 DRAKE ROAD has not materially changed since November 2015.

How Large is 72 DRAKE ROAD?

72 DRAKE ROAD is 97m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 30% of semi-detached houses houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chafford Hundred, and where 72 DRAKE ROAD lies on this distribution: 22% of semi-detached houses houses are smaller than 72 DRAKE ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

72 DRAKE ROAD: Plot and Title Map

72 DRAKE ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 72 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 72 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 72 DRAKE ROAD?

72 DRAKE ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 72 on DRAKE ROAD.