48, MAYCROFT AVENUE, GRAYS, RM17 6AN - £217,000

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.

48 MAYCROFT AVENUE is a very small detached house of 58m², built sometime between 1930 and 1949, which could now be worth an estimated £369,728. It was last sold for £217,000 in October 2014, which was around 39% below the average October 2014 detached price in the Thurrock local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

48 MAYCROFT AVENUE Sold Prices

Land registry data shows four sales for 48 MAYCROFT AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. All of the four 48 MAYCROFT AVENUE 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
2014 24 OCT	£217,000	£355,043	39% below HPI
2009 19 NOV	£203,000	£288,358	30% below HPI
2002 2 AUG	£144,000	£220,233	35% below HPI
2000 12 OCT	£98,000	£158,218	38% below HPI

48 MAYCROFT 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 four 48 MAYCROFT AVENUE sales between October 2000 and October 2014 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 November 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 48 MAYCROFT AVENUE be worth now?

48 MAYCROFT AVENUE might now be worth an estimated £369,728.

This is based on house price inflation of 70.4%, between October 2014 and May 2026, for detached 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 70.4% inflationary increase is applied to the most recent sale price for 48 MAYCROFT AVENUE of £217,000 on 24th October 2014. For the value to have increased from £217,000 to £369,728 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 48 MAYCROFT AVENUE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The October 2014 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MAYCROFT AVENUE has not materially changed since October 2014.

How Large is 48 MAYCROFT AVENUE?

48 MAYCROFT AVENUE is 58m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses houses in Grays, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grays, and where 48 MAYCROFT AVENUE lies on this distribution: 2% of detached houses houses are smaller than 48 MAYCROFT AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Grays.

48 MAYCROFT AVENUE: Plot and Title Map

48 MAYCROFT AVENUE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 48 MAYCROFT 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 48 MAYCROFT 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 48 MAYCROFT AVENUE?

48 MAYCROFT AVENUE is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 48 on MAYCROFT AVENUE.