WOOD LODGE, DELL ROAD, GRAYS, RM17 5JU - £420,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WOOD LODGE is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £420,000 in June 2021, which was around 21% below the average June 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

WOOD LODGE Sold Prices

Land registry data shows two sales for WOOD LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Both of the two WOOD LODGE 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
2021 18 JUN	£420,000	£528,391	21% below HPI
2003 20 FEB	£235,000	£252,045	7% below HPI

WOOD LODGE 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 two WOOD LODGE sales from February 2003 and June 2021 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 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might WOOD LODGE be worth now?

WOOD LODGE might now be worth an estimated £471,685.

This is based on house price inflation of 12.3%, between June 2021 and December 2024, 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 12.3% inflationary increase is applied to the most recent sale price for WOOD LODGE of £420,000 on 18th June 2021. For the value to have increased from £420,000 to £471,685 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of WOOD LODGE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The June 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of WOOD LODGE has not materially changed since June 2021.

How Large is WOOD LODGE?

WOOD LODGE is 96m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% of detached houses houses in Grays, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grays, and where WOOD LODGE lies on this distribution: 33% of detached houses houses are smaller than WOOD LODGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Grays.

WOOD LODGE: Plot and Title Map

WOOD LODGE sits on a plot of roughly 0.258 of an acre, or 1,046m². The below map shows the location of WOOD LODGE, 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 WOOD LODGE). 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 WOOD LODGE?

WOOD LODGE is located on DELL ROAD in GRAYS, in the RM17 postcode district. The below map shows the position of WOOD LODGE on DELL ROAD.