THE SHIRE, GROSVENOR ROAD, ORSETT, GRAYS, RM16 3BT - £525,000

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.

THE SHIRE is a very large extended detached house of 181m², built sometime between 1950 and 1966, which could now be worth an estimated £686,769. It was last sold for £525,000 in June 2016, which was around 14% above the average June 2016 detached price in the Thurrock local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

THE SHIRE Sold Prices

Land registry data shows three sales for THE SHIRE 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 THE SHIRE 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
2016 30 JUN	£525,000	£459,352	14% above HPI
2008 28 JAN	£357,000	£334,352	7% above HPI
2002 18 JAN	£249,995	£195,400	28% above HPI

THE SHIRE 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 SHIRE sales between January 2002 and June 2016 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 January 2008 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2016 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might THE SHIRE be worth now?

THE SHIRE might now be worth an estimated £686,769.

This is based on house price inflation of 30.8%, between June 2016 and February 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 30.8% inflationary increase is applied to the most recent sale price for THE SHIRE of £525,000 on 30th June 2016. For the value to have increased from £525,000 to £686,769 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of THE SHIRE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The June 2016 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of THE SHIRE has not materially changed since June 2016.

How Large is THE SHIRE?

THE SHIRE is 181m², which includes two extensions, according to the EPC inspection conducted in July 2010. 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 THE SHIRE lies on this distribution: 97% of detached houses houses are smaller than THE SHIRE, and 3% of houses are larger. Note that EPC data is not available for all properties in Southfields.

THE SHIRE: Plot and Title Map

THE SHIRE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of THE SHIRE, 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 SHIRE). 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 SHIRE?

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