THE FIRS, MEESONS LANE, GRAYS, RM17 5HR - £740,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE FIRS is a very large extended detached house of 192m², built sometime between 1950 and 1966. It was last sold for £740,000 in November 2020, which was around 37% above the average November 2020 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

THE FIRS Sold Prices

Land registry data shows three sales for THE FIRS 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 THE FIRS sales was for above the average price, whilst two 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
2020 25 NOV	£740,000	£541,236	37% above HPI
2020 7 FEB	£400,000	£511,352	22% below HPI
2003 23 MAY	£250,000	£256,576	3% below HPI

THE FIRS 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 THE FIRS sales between May 2003 and November 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 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is THE FIRS?

THE FIRS is 192m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Chafford Hundred, based on EPC data. The below chart shows the distribution of detached houses by size in Chafford Hundred, and where THE FIRS lies on this distribution: 95% of detached houses are smaller than THE FIRS, and 5% of houses are larger. Note that EPC data is not available for all properties in Chafford Hundred.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of THE FIRS, 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 THE FIRS). 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 THE FIRS?

THE FIRS is located on MEESONS LANE in GRAYS, in the RM17 postcode district. The below map shows the position of THE FIRS on MEESONS LANE.