RED BRIARS, PRINCESS MARGARET ROAD, EAST TILBURY, TILBURY, RM18 8PB - £470,000

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

RED BRIARS is a very large extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £470,000 in May 2018, which was around 7% below the average May 2018 detached price in the Thurrock local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

RED BRIARS Sold Prices

Land registry data shows four sales for RED BRIARS 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 RED BRIARS 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
2018 31 MAY	£470,000	£505,127	7% below HPI
2016 4 NOV	£295,000	£485,247	39% below HPI
2007 6 JUN	£162,000	£309,137	48% below HPI
2000 11 FEB	£64,700	£139,233	54% below HPI

RED BRIARS 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 RED BRIARS sales between February 2000 and May 2018 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 November 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is RED BRIARS?

RED BRIARS is 160m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the largest 10% of detached houses in East Tilbury, based on EPC data. The below chart shows the distribution of detached houses by size in East Tilbury, and where RED BRIARS lies on this distribution: 95% of detached houses are smaller than RED BRIARS, and 4% of houses are larger. Note that EPC data is not available for all properties in East Tilbury.

RED BRIARS: Plot and Title Map

RED BRIARS sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of RED BRIARS, 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 RED BRIARS). 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 RED BRIARS?

RED BRIARS is located on PRINCESS MARGARET ROAD in EAST TILBURY, in the RM18 postcode district. The below map shows the position of RED BRIARS on PRINCESS MARGARET ROAD.