59, WELLING ROAD, ORSETT, GRAYS, RM16 3DW - £335,000

59 WELLING ROAD is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £335,000 in December 2018, which was around 35% below the average December 2018 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

59 WELLING ROAD Sold Prices

Land registry data shows four sales for 59 WELLING ROAD 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 59 WELLING 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
2018 7 DEC	£335,000	£512,469	35% below HPI
2016 26 FEB	£292,500	£440,764	34% below HPI
2004 30 SEP	£195,000	£288,790	32% below HPI
1996 20 DEC	£77,995	£95,234	18% below HPI

59 WELLING ROAD 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 59 WELLING ROAD sales between December 1996 and December 2018 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 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 59 WELLING ROAD?

59 WELLING ROAD is 68m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses by size in Southfields, and where 59 WELLING ROAD lies on this distribution: 3% of detached houses are smaller than 59 WELLING ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Southfields.

59 WELLING ROAD: Plot and Title Map

59 WELLING ROAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 59 WELLING 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 59 WELLING 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 59 WELLING ROAD?

59 WELLING ROAD is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 59 on WELLING ROAD.