89, DRAKE ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6DR - £575,000

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

89 DRAKE ROAD is a very large detached house of 162m², built sometime between 2003 and 2006, which could now be worth an estimated £672,732. It was last sold for £575,000 in March 2020, which was around 13% above the average March 2020 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

89 DRAKE ROAD Sold Prices

Land registry data shows four sales for 89 DRAKE ROAD since 1^st 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. All of the four 89 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
2020 26 MAR	£575,000	£507,206	13% above HPI
2018 22 FEB	£575,000	£501,247	15% above HPI
2004 1 JUN	£327,500	£275,557	19% above HPI
2002 3 APR	£299,750	£197,977	51% above HPI

89 DRAKE 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 four 89 DRAKE ROAD sales between April 2002 and March 2020 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 February 2018 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 89 DRAKE ROAD be worth now?

89 DRAKE ROAD might now be worth an estimated £672,732.

This is based on house price inflation of 17%, between March 2020 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 17% inflationary increase is applied to the most recent sale price for 89 DRAKE ROAD of £575,000 on 26th March 2020. For the value to have increased from £575,000 to £672,732 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 89 DRAKE ROAD has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The March 2020 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 89 DRAKE ROAD has not materially changed since March 2020.

How Large is 89 DRAKE ROAD?

89 DRAKE ROAD is 162m² according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chafford Hundred, and where 89 DRAKE ROAD lies on this distribution: 86% of detached houses houses are smaller than 89 DRAKE ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

89 DRAKE ROAD: Plot and Title Map

89 DRAKE ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 89 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 89 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 89 DRAKE ROAD?

89 DRAKE ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 89 on DRAKE ROAD.