73, WELLING ROAD, ORSETT, GRAYS, RM16 3DW - £235,000

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

73 WELLING ROAD is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £235,000 in May 2011, which was around 22% below the average May 2011 detached price in the Thurrock local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

73 WELLING ROAD Sold Prices

Land registry data shows three sales for 73 WELLING 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. All of the three 73 WELLING 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
2011 25 MAY	£235,000	£300,893	22% below HPI
2004 31 AUG	£218,500	£283,156	23% below HPI
1995 28 NOV	£72,986	£88,419	17% below HPI

73 WELLING 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 73 WELLING ROAD sales between November 1995 and May 2011 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 August 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2011 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 73 WELLING ROAD?

73 WELLING ROAD is 68m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of detached houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses by size in Southfields, and where 73 WELLING ROAD lies on this distribution: 2% of detached houses are smaller than 73 WELLING ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Southfields.

73 WELLING ROAD: Plot and Title Map

73 WELLING ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 73 WELLING 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 73 WELLING 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 73 WELLING ROAD?

73 WELLING ROAD is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 73 on WELLING ROAD.