78, HEMLEY ROAD, ORSETT, GRAYS, RM16 3DQ - £260,000

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.

78 HEMLEY ROAD is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £310,020. It was last sold for £260,000 in August 2018, which was around 3% below the average August 2018 terraced price in the Thurrock local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was A.

78 HEMLEY ROAD Sold Prices

Land registry data shows five sales for 78 HEMLEY ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. Most of the five 78 HEMLEY 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 10 AUG	£260,000	£267,939	3% below HPI
2010 26 APR	£150,000	£155,403	3% below HPI
2006 16 JUN	£156,000	£157,778	1% below HPI
2001 19 OCT	£95,000	£85,520	11% above HPI
1999 2 NOV	£58,000	£60,146	4% below HPI

78 HEMLEY 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 five 78 HEMLEY ROAD sales between November 1999 and August 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 April 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2018 sale, which was also at 3% below the HPI.

What might 78 HEMLEY ROAD be worth now?

78 HEMLEY ROAD might now be worth an estimated £310,020.

This is based on house price inflation of 19.2%, between August 2018 and July 2025, 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 19.2% inflationary increase is applied to the most recent sale price for 78 HEMLEY ROAD of £260,000 on 10th August 2018. For the value to have increased from £260,000 to £310,020 over the seven years and one month to July 2025, the following assumptions must hold true:

• The value of 78 HEMLEY ROAD has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The August 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 78 HEMLEY ROAD has not materially changed since August 2018.

How Large is 78 HEMLEY ROAD?

78 HEMLEY ROAD is 54m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of terraced houses houses in Southfields, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southfields, and where 78 HEMLEY ROAD lies on this distribution: Less than 1% of terraced houses houses are smaller than 78 HEMLEY ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Southfields.

78 HEMLEY ROAD: Plot and Title Map

78 HEMLEY ROAD sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 78 HEMLEY 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 78 HEMLEY 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 78 HEMLEY ROAD?

78 HEMLEY ROAD is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 78 on HEMLEY ROAD.