41, HALL ROAD, AVELEY, SOUTH OCKENDON, RM15 4HJ - £270,000

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.

41 HALL ROAD is a very small terraced house of 78m², built sometime between 1930 and 1949, which could now be worth an estimated £333,700. It was last sold for £270,000 in April 2019, which was around 3% above the average April 2019 terraced price in the Thurrock local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

41 HALL ROAD Sold Prices

Land registry data shows four sales for 41 HALL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. Most of the four 41 HALL ROAD sales were 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
2019 1 APR	£270,000	£261,555	3% above HPI
2012 29 FEB	£155,000	£160,918	4% below HPI
2007 28 AUG	£155,000	£172,675	10% below HPI
1999 23 JUL	£57,500	£58,210	1% below HPI

41 HALL 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 four 41 HALL ROAD sales between July 1999 and April 2019 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 February 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 41 HALL ROAD be worth now?

41 HALL ROAD might now be worth an estimated £333,700.

This is based on house price inflation of 23.6%, between April 2019 and May 2026, 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 23.6% inflationary increase is applied to the most recent sale price for 41 HALL ROAD of £270,000 on 1st April 2019. For the value to have increased from £270,000 to £333,700 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 41 HALL ROAD has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The April 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 41 HALL ROAD has not materially changed since April 2019.

How Large is 41 HALL ROAD?

41 HALL ROAD is 78m² according to the EPC inspection conducted in July 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 41 HALL ROAD lies on this distribution: 2% of terraced houses houses are smaller than 41 HALL ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Aveley.

41 HALL ROAD: Plot and Title Map

41 HALL ROAD sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 41 HALL 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 41 HALL 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 41 HALL ROAD?

41 HALL ROAD is located in AVELEY, in the RM15 postcode district. The below map shows the position of No. 41 on HALL ROAD.