8, BANKFOOT, BADGERS DENE, GRAYS, RM17 5JA - £279,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 BANKFOOT is a small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £279,995 in September 2007, which was around 13% below the average September 2007 detached price in the Thurrock local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

8 BANKFOOT Sold Prices

Land registry data shows three sales for 8 BANKFOOT 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 8 BANKFOOT 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
2007 21 SEP	£279,995	£323,278	13% below HPI
2004 20 DEC	£240,000	£290,345	17% below HPI
2003 9 JAN	£205,000	£248,176	17% below HPI

8 BANKFOOT 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 8 BANKFOOT sales between January 2003 and September 2007 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 December 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2007 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 BANKFOOT be worth now?

8 BANKFOOT might now be worth an estimated £513,964.

This is based on house price inflation of 83.6%, between September 2007 and December 2024, 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 83.6% inflationary increase is applied to the most recent sale price for 8 BANKFOOT of £279,995 on 21st September 2007. For the value to have increased from £279,995 to £513,964 over the sixteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 BANKFOOT has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The September 2007 sale price of £279,995 represented a fair market value for the property.
• The size, condition, and specification of 8 BANKFOOT has not materially changed since September 2007.

How Large is 8 BANKFOOT?

8 BANKFOOT is 91m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% of detached houses houses in Grays, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grays, and where 8 BANKFOOT lies on this distribution: 27% of detached houses houses are smaller than 8 BANKFOOT, and 73% of houses are larger. Note that EPC data is not available for all properties in Grays.

8 BANKFOOT: Plot and Title Map

8 BANKFOOT sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 8 BANKFOOT, 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 8 BANKFOOT). 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 8 BANKFOOT?

8 BANKFOOT is located in BADGERS DENE, in the RM17 postcode district. The below map shows the position of No. 8 on BANKFOOT.