1A, CHESTNUT AVENUE, GRAYS, RM16 2UH - £450,000

1A CHESTNUT AVENUE is a very large detached house of 145m², built sometime between 1996 and 2002. It was last sold for £450,000 in August 2016, which was around 6% below the average August 2016 detached price in the Thurrock local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

1A CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 1A CHESTNUT AVENUE 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. One of the two 1A CHESTNUT AVENUE sales was for below the average price, whilst the other was 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
2016 22 AUG	£450,000	£479,486	6% below HPI
1996 31 OCT	£123,000	£95,625	29% above HPI

1A CHESTNUT AVENUE 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 1A CHESTNUT AVENUE sales from October 1996 and August 2016 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 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1A CHESTNUT AVENUE?

1A CHESTNUT AVENUE is 145m² according to the EPC inspection conducted in December 2015. This puts it in the largest 20% of detached houses in Grays, based on EPC data. The below chart shows the distribution of detached houses by size in Grays, and where 1A CHESTNUT AVENUE lies on this distribution: 84% of detached houses are smaller than 1A CHESTNUT AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in Grays.

1A CHESTNUT AVENUE: Plot and Title Map

1A CHESTNUT AVENUE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 1A CHESTNUT AVENUE, 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 1A CHESTNUT AVENUE). 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 1A CHESTNUT AVENUE?

1A CHESTNUT AVENUE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 1A on CHESTNUT AVENUE.