22, MEAD CLOSE, GRAYS, RM16 2TR - £380,000

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.

22 MEAD CLOSE is a very large extended terraced house of 176m², built sometime between 1967 and 1975, which could now be worth an estimated £429,236. It was last sold for £380,000 in June 2021, which was around 34% above the average June 2021 terraced price in the Thurrock local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

22 MEAD CLOSE Sold Prices

Land registry data shows two sales for 22 MEAD CLOSE 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 22 MEAD CLOSE 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 29 JUN	£380,000	£282,839	34% above HPI
2012 12 JUL	£214,000	£158,823	35% above HPI

22 MEAD CLOSE 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 22 MEAD CLOSE sales from July 2012 and June 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 July 2012 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2021 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 22 MEAD CLOSE be worth now?

22 MEAD CLOSE might now be worth an estimated £429,236.

This is based on house price inflation of 13%, between June 2021 and July 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 13% inflationary increase is applied to the most recent sale price for 22 MEAD CLOSE of £380,000 on 29th June 2021. For the value to have increased from £380,000 to £429,236 over the three years and eleven months to July 2025, the following assumptions must hold true:

• The value of 22 MEAD CLOSE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The June 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MEAD CLOSE has not materially changed since June 2021.

How Large is 22 MEAD CLOSE?

22 MEAD CLOSE is 176m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 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 22 MEAD CLOSE lies on this distribution: 92% of terraced houses houses are smaller than 22 MEAD CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Grays.

22 MEAD CLOSE: Plot and Title Map

22 MEAD CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 22 MEAD CLOSE, 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 22 MEAD CLOSE). 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 22 MEAD CLOSE?

22 MEAD CLOSE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 22 on MEAD CLOSE.