5, CHESTNUT AVENUE, GRAYS, RM16 2UH - £435,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 CHESTNUT AVENUE is a small detached house of 99m², built sometime between 1930 and 1949. It was last sold for £435,000 in December 2019, which was around 14% below the average December 2019 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

5 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 5 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 5 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
2019 20 DEC	£435,000	£508,025	14% below HPI
2006 27 JAN	£310,000	£289,348	7% above HPI

5 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 5 CHESTNUT AVENUE sales from January 2006 and December 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 January 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 5 CHESTNUT AVENUE?

5 CHESTNUT AVENUE is 99m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Grays, based on EPC data. The below chart shows the distribution of detached houses by size in Grays, and where 5 CHESTNUT AVENUE lies on this distribution: 38% of detached houses are smaller than 5 CHESTNUT AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Grays.

5 CHESTNUT AVENUE: Plot and Title Map

5 CHESTNUT AVENUE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 5 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 5 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 5 CHESTNUT AVENUE?

5 CHESTNUT AVENUE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 5 on CHESTNUT AVENUE.