113C, LONG LANE, GRAYS, RM16 2PP - £285,000

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.

113C LONG LANE is a very small terraced house of 58m², built sometime from 2007 onwards, which could now be worth an estimated £318,717. It was last sold for £285,000 in September 2021, which was around 2% below the average September 2021 terraced price in the Thurrock local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was A.

113C LONG LANE Sold Prices

Land registry data shows two sales for 113C LONG LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. Both of the two 113C LONG LANE 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 1 SEP	£285,000	£290,971	2% below HPI
2013 20 DEC	£166,000	£168,768	2% below HPI

113C LONG LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Thurrock local authority area over time, sourced from the HPI. The two 113C LONG LANE sales from December 2013 and September 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 December 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2021 sale, which was also at 2% below the HPI.

What might 113C LONG LANE be worth now?

113C LONG LANE might now be worth an estimated £318,717.

This is based on house price inflation of 11.8%, between September 2021 and April 2026, for terraced 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 11.8% inflationary increase is applied to the most recent sale price for 113C LONG LANE of £285,000 on 1st September 2021. For the value to have increased from £285,000 to £318,717 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 113C LONG LANE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The September 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 113C LONG LANE has not materially changed since September 2021.

How Large is 113C LONG LANE?

113C LONG LANE is 58m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of terraced houses houses in Grays, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grays, and where 113C LONG LANE lies on this distribution: 2% of terraced houses houses are smaller than 113C LONG LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Grays.

113C LONG LANE: Plot and Title Map

113C LONG LANE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 113C LONG LANE, 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 113C LONG LANE). 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 113C LONG LANE?

113C LONG LANE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 113C on LONG LANE.