54, MEADOW DRIVE, AVELEY, SOUTH OCKENDON, RM15 4DY - £420,000

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.

54 MEADOW DRIVE is a very large terraced house of 135m², built in 2015, which could now be worth an estimated £503,321. It was last sold for £420,000 in July 2020, which was around 56% above the average July 2020 terraced price in the Thurrock local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was B.

54 MEADOW DRIVE Sold Prices

Land registry data shows two sales for 54 MEADOW DRIVE 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 54 MEADOW DRIVE 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
2020 9 JUL	£420,000	£269,749	56% above HPI
2016 11 AUG	£382,000	£249,809	53% above HPI

54 MEADOW DRIVE 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 54 MEADOW DRIVE sales from August 2016 and July 2020 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 August 2016 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2020 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 54 MEADOW DRIVE be worth now?

54 MEADOW DRIVE might now be worth an estimated £503,321.

This is based on house price inflation of 19.8%, between July 2020 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 19.8% inflationary increase is applied to the most recent sale price for 54 MEADOW DRIVE of £420,000 on 9th July 2020. For the value to have increased from £420,000 to £503,321 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of 54 MEADOW DRIVE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The July 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 54 MEADOW DRIVE has not materially changed since July 2020.

How Large is 54 MEADOW DRIVE?

54 MEADOW DRIVE is 135m² according to the EPC inspection conducted in July 2016. This puts it in the largest 20% 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 54 MEADOW DRIVE lies on this distribution: 81% of terraced houses houses are smaller than 54 MEADOW DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Aveley.

54 MEADOW DRIVE: Plot and Title Map

54 MEADOW DRIVE sits on a plot of roughly 8.9 acres, or 35,983m². The below map shows the location of 54 MEADOW DRIVE, 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 54 MEADOW DRIVE). 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 54 MEADOW DRIVE?

54 MEADOW DRIVE is located in AVELEY, in the RM15 postcode district. The below map shows the position of No. 54 on MEADOW DRIVE.