16, MILL ROAD, AVELEY, SOUTH OCKENDON, RM15 4SJ - £300,000

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.

16 MILL ROAD is a very small terraced house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £332,756. It was last sold for £300,000 in February 2021, which was around 6% above the average February 2021 terraced price in the Thurrock local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

16 MILL ROAD Sold Prices

Land registry data shows two sales for 16 MILL ROAD 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. One of the two 16 MILL ROAD sales was for above the average price, whilst the other was 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 26 FEB	£300,000	£282,459	6% above HPI
2014 4 APR	£160,000	£172,170	7% below HPI

16 MILL ROAD 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 16 MILL ROAD sales from April 2014 and February 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 April 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 16 MILL ROAD be worth now?

16 MILL ROAD might now be worth an estimated £332,756.

This is based on house price inflation of 10.9%, between February 2021 and October 2025, 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 10.9% inflationary increase is applied to the most recent sale price for 16 MILL ROAD of £300,000 on 26th February 2021. For the value to have increased from £300,000 to £332,756 over the three years and four months to October 2025, the following assumptions must hold true:

• The value of 16 MILL ROAD has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The February 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILL ROAD has not materially changed since February 2021.

How Large is 16 MILL ROAD?

16 MILL ROAD is 84m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of terraced houses houses in Aveley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Aveley, and where 16 MILL ROAD lies on this distribution: 7% of terraced houses houses are smaller than 16 MILL ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Aveley.

16 MILL ROAD: Plot and Title Map

16 MILL ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 16 MILL 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 16 MILL 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 16 MILL ROAD?

16 MILL ROAD is located in AVELEY, in the RM15 postcode district. The below map shows the position of No. 16 on MILL ROAD.