76, GROVELANDS WAY, GRAYS, RM17 5YG - £490,000

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

76 GROVELANDS WAY is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £490,000 in March 2022, which was around 15% below the average March 2022 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.

76 GROVELANDS WAY Sold Prices

Land registry data shows two sales for 76 GROVELANDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Both of the two 76 GROVELANDS WAY 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 4 MAR	£490,000	£579,318	15% below HPI
2018 20 SEP	£325,000	£518,797	37% below HPI

76 GROVELANDS WAY 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 two 76 GROVELANDS WAY sales from September 2018 and March 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 September 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 76 GROVELANDS WAY?

76 GROVELANDS WAY is 78m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Grays, based on EPC data. The below chart shows the distribution of detached houses by size in Grays, and where 76 GROVELANDS WAY lies on this distribution: 11% of detached houses are smaller than 76 GROVELANDS WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Grays.

76 GROVELANDS WAY: Plot and Title Map

76 GROVELANDS WAY sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 76 GROVELANDS WAY, 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 76 GROVELANDS WAY). 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 76 GROVELANDS WAY?

76 GROVELANDS WAY is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 76 on GROVELANDS WAY.