11, BALFOUR ROAD, GRAYS, RM17 5NS - £225,000

11 BALFOUR ROAD is a very small detached house of 55m², built sometime between 1930 and 1949. It was last sold for £225,000 in February 2014, which was around 31% below the average February 2014 detached price in the Thurrock local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

11 BALFOUR ROAD Sold Prices

Land registry data shows two sales for 11 BALFOUR ROAD 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 11 BALFOUR ROAD 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
2014 14 FEB	£225,000	£324,275	31% below HPI
1999 18 OCT	£90,000	£125,512	28% below HPI

11 BALFOUR ROAD 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 11 BALFOUR ROAD sales from October 1999 and February 2014 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 October 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 11 BALFOUR ROAD?

11 BALFOUR ROAD is 55m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Grays, based on EPC data. The below chart shows the distribution of detached houses by size in Grays, and where 11 BALFOUR ROAD lies on this distribution: 2% of detached houses are smaller than 11 BALFOUR ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Grays.

11 BALFOUR ROAD: Plot and Title Map

11 BALFOUR ROAD sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 11 BALFOUR ROAD, 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 11 BALFOUR ROAD). 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 11 BALFOUR ROAD?

11 BALFOUR ROAD is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 11 on BALFOUR ROAD.