97, MALTHOUSE DRIVE, GRAYS, RM17 5FG - £432,500

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

97 MALTHOUSE DRIVE is a midsized detached house of 113m². It was last sold for £432,500 in March 2022, which was around 25% 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 B, and the potential energy rating was A.

97 MALTHOUSE DRIVE Sold Prices

Land registry data shows two sales for 97 MALTHOUSE DRIVE 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 97 MALTHOUSE DRIVE 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 18 MAR	£432,500	£574,768	25% below HPI
2018 29 JUN	£355,000	£501,160	29% below HPI

97 MALTHOUSE DRIVE 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 97 MALTHOUSE DRIVE sales from June 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 June 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 97 MALTHOUSE DRIVE be worth now?

97 MALTHOUSE DRIVE might now be worth an estimated £446,531.

This is based on house price inflation of 3.2%, between March 2022 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 3.2% inflationary increase is applied to the most recent sale price for 97 MALTHOUSE DRIVE of £432,500 on 18th March 2022. For the value to have increased from £432,500 to £446,531 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 97 MALTHOUSE DRIVE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The March 2022 sale price of £432,500 represented a fair market value for the property.
• The size, condition, and specification of 97 MALTHOUSE DRIVE has not materially changed since March 2022.

How Large is 97 MALTHOUSE DRIVE?

97 MALTHOUSE DRIVE is 113m² according to the EPC inspection conducted in July 2018. This puts it in the largest 40% 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 97 MALTHOUSE DRIVE lies on this distribution: 59% of detached houses houses are smaller than 97 MALTHOUSE DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Grays.

97 MALTHOUSE DRIVE: Plot and Title Map

97 MALTHOUSE DRIVE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 97 MALTHOUSE DRIVE, 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 97 MALTHOUSE DRIVE). 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 97 MALTHOUSE DRIVE?

97 MALTHOUSE DRIVE is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 97 on MALTHOUSE DRIVE.