ROSEWOOD, GROSVENOR ROAD, ORSETT, GRAYS, RM16 3BT - £501,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ROSEWOOD is a very large extended detached house of 162m², built sometime between 1983 and 1990, which could now be worth an estimated £576,654. It was last sold for £501,000 in August 2018, which was around 3% below the average August 2018 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was A.

ROSEWOOD Sold Prices

Land registry data shows three sales for ROSEWOOD 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. One of the three ROSEWOOD sales was for below the average price, whilst two 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
2018 3 AUG	£501,000	£513,977	3% below HPI
2001 20 DEC	£230,000	£190,940	20% above HPI
1999 29 OCT	£185,000	£124,526	49% above HPI

ROSEWOOD 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 ROSEWOOD sales between October 1999 and August 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 December 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might ROSEWOOD be worth now?

ROSEWOOD might now be worth an estimated £576,654.

This is based on house price inflation of 15.1%, between August 2018 and March 2025, 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 15.1% inflationary increase is applied to the most recent sale price for ROSEWOOD of £501,000 on 3rd August 2018. For the value to have increased from £501,000 to £576,654 over the seven years and five months to March 2025, the following assumptions must hold true:

• The value of ROSEWOOD has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The August 2018 sale price of £501,000 represented a fair market value for the property.
• The size, condition, and specification of ROSEWOOD has not materially changed since August 2018.

How Large is ROSEWOOD?

ROSEWOOD is 162m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southfields, and where ROSEWOOD lies on this distribution: 91% of detached houses houses are smaller than ROSEWOOD, and 9% of houses are larger. Note that EPC data is not available for all properties in Southfields.

ROSEWOOD: Plot and Title Map

ROSEWOOD sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of ROSEWOOD, 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 ROSEWOOD). 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 ROSEWOOD?

ROSEWOOD is located on GROSVENOR ROAD in ORSETT, in the RM16 postcode district. The below map shows the position of ROSEWOOD on GROSVENOR ROAD.