1, THE SPINNEY, ORSETT, GRAYS, RM16 3EJ - £295,000

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.

1 THE SPINNEY is a very small semi-detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £577,624. It was last sold for £295,000 in October 2013, which was around 44% above the average October 2013 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

1 THE SPINNEY Sold Prices

Land registry data shows three sales for 1 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. All of the three 1 THE SPINNEY 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
2013 9 OCT	£295,000	£204,537	44% above HPI
2004 6 SEP	£300,000	£184,165	63% above HPI
2000 3 MAR	£109,995	£84,524	30% above HPI

1 THE SPINNEY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thurrock local authority area over time, sourced from the HPI. The three 1 THE SPINNEY sales between March 2000 and October 2013 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 September 2004 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the October 2013 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 1 THE SPINNEY be worth now?

1 THE SPINNEY might now be worth an estimated £577,624.

This is based on house price inflation of 95.8%, between October 2013 and March 2025, for semi-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 95.8% inflationary increase is applied to the most recent sale price for 1 THE SPINNEY of £295,000 on 9th October 2013. For the value to have increased from £295,000 to £577,624 over the twelve years and seven months to March 2025, the following assumptions must hold true:

• The value of 1 THE SPINNEY has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The October 2013 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE SPINNEY has not materially changed since October 2013.

How Large is 1 THE SPINNEY?

1 THE SPINNEY is 59m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of semi-detached houses houses in Orsett, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Orsett, and where 1 THE SPINNEY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 1 THE SPINNEY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Orsett.

1 THE SPINNEY: Plot and Title Map

1 THE SPINNEY sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 1 THE SPINNEY, 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 1 THE SPINNEY). 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 1 THE SPINNEY?

1 THE SPINNEY is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 1 on THE SPINNEY.