2, THE PADDOCKS, ORSETT, GRAYS, RM16 3AE - £775,000

2 THE PADDOCKS is a midsized detached house of 143m², built sometime between 1950 and 1966. It was last sold for £775,000 in February 2021, which was around 43% above the average February 2021 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

2 THE PADDOCKS Sold Prices

Land registry data shows three sales for 2 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the three 2 THE PADDOCKS 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
2021 25 FEB	£775,000	£540,256	43% above HPI
1999 2 JUN	£285,000	£117,342	143% above HPI
1997 17 FEB	£218,000	£99,371	119% above HPI

2 THE PADDOCKS 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 three 2 THE PADDOCKS sales between February 1997 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 June 1999 sale was for 143% above the HPI. So the extrapolation line tracks at 143% above the HPI over time, until the February 2021 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 2 THE PADDOCKS?

2 THE PADDOCKS is 143m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Orsett, based on EPC data. The below chart shows the distribution of detached houses by size in Orsett, and where 2 THE PADDOCKS lies on this distribution: 41% of detached houses are smaller than 2 THE PADDOCKS, and 59% of houses are larger. Note that EPC data is not available for all properties in Orsett.

2 THE PADDOCKS: Plot and Title Map

2 THE PADDOCKS sits on a plot of roughly 0.195 of an acre, or 791m². The below map shows the location of 2 THE PADDOCKS, 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 2 THE PADDOCKS). 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 2 THE PADDOCKS?

2 THE PADDOCKS is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 2 on THE PADDOCKS.