HARWOOD, CHESTNUT AVENUE, GRAYS, RM16 2UJ - £500,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

HARWOOD is a very large extended detached house of 266m², built sometime between 1967 and 1975. It was last sold for £500,000 in October 2014, which was around 40% above the average October 2014 detached price in the Thurrock local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was D.

HARWOOD Sold Prices

Land registry data shows three sales for HARWOOD 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 HARWOOD 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
2014 3 OCT	£500,000	£357,854	40% above HPI
2002 28 FEB	£295,000	£196,035	50% above HPI
1996 31 JAN	£178,000	£93,186	91% above HPI

HARWOOD 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 HARWOOD sales between January 1996 and October 2014 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 2002 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2014 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is HARWOOD?

HARWOOD is 266m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Grays, based on EPC data. The below chart shows the distribution of detached houses by size in Grays, and where HARWOOD lies on this distribution: 99% of detached houses are smaller than HARWOOD, and 1% of houses are larger. Note that EPC data is not available for all properties in Grays.

HARWOOD: Plot and Title Map

HARWOOD sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of HARWOOD, 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 HARWOOD). 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 HARWOOD?

HARWOOD is located on CHESTNUT AVENUE in GRAYS, in the RM16 postcode district. The below map shows the position of HARWOOD on CHESTNUT AVENUE.