8, MALTHOUSE DRIVE, GRAYS, RM17 5FA - £375,000

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.

8 MALTHOUSE DRIVE is a large detached house of 116m², built in 2016, which could now be worth an estimated £453,277. It was last sold for £375,000 in June 2019, which was around 25% below the average June 2019 detached price in the Thurrock local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

8 MALTHOUSE DRIVE Sold Prices

Land registry data shows one sale for 8 MALTHOUSE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Thurrock local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 28 JUN	£375,000	£500,462	25% below HPI

What might 8 MALTHOUSE DRIVE be worth now?

8 MALTHOUSE DRIVE might now be worth an estimated £453,277.

This is based on house price inflation of 20.9%, between June 2019 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 20.9% inflationary increase is applied to the most recent sale price for 8 MALTHOUSE DRIVE of £375,000 on 28th June 2019. For the value to have increased from £375,000 to £453,277 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 8 MALTHOUSE DRIVE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The June 2019 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MALTHOUSE DRIVE has not materially changed since June 2019.

How Large is 8 MALTHOUSE DRIVE?

8 MALTHOUSE DRIVE is 116m² according to the EPC inspection conducted in December 2017. This puts it in the largest 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 8 MALTHOUSE DRIVE lies on this distribution: 64% of detached houses are smaller than 8 MALTHOUSE DRIVE, and 35% of detached houses are larger. Note that EPC data is not available for all properties in Grays.

8 MALTHOUSE DRIVE: Plot

8 MALTHOUSE DRIVE sits on a plot of roughly 0.044 of an acre, or 177m².

Where is 8 MALTHOUSE DRIVE?

8 MALTHOUSE DRIVE is located in GRAYS, in the RM17 postcode district.