15, LEASWAY, GRAYS, RM16 2HD - £250,000

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.

15 LEASWAY is a very large extended semi-detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £537,569. It was last sold for £250,000 in April 2011, which was around 32% above the average April 2011 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was February 2017, where the current energy rating was F, and the potential energy rating was E.

15 LEASWAY Sold Prices

Land registry data shows three sales for 15 LEASWAY 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 15 LEASWAY 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
2011 11 APR	£250,000	£189,511	32% above HPI
2006 12 APR	£249,995	£190,463	31% above HPI
2001 21 AUG	£117,995	£106,091	11% above HPI

15 LEASWAY 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 15 LEASWAY sales between August 2001 and April 2011 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 April 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the April 2011 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 15 LEASWAY be worth now?

15 LEASWAY might now be worth an estimated £537,569.

This is based on house price inflation of 115%, between April 2011 and May 2026, 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 115% inflationary increase is applied to the most recent sale price for 15 LEASWAY of £250,000 on 11th April 2011. For the value to have increased from £250,000 to £537,569 over the fourteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 15 LEASWAY has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The April 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LEASWAY has not materially changed since April 2011.

How Large is 15 LEASWAY?

15 LEASWAY is 138m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of semi-detached houses houses in Grays, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grays, and where 15 LEASWAY lies on this distribution: 81% of semi-detached houses houses are smaller than 15 LEASWAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Grays.

15 LEASWAY: Plot and Title Map

15 LEASWAY sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 15 LEASWAY, 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 15 LEASWAY). 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 15 LEASWAY?

15 LEASWAY is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 15 on LEASWAY.