1, FARM ROAD, CANVEY ISLAND, SS8 9PG - £309,000

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

1 FARM ROAD is a midsized detached house of 97m², built sometime between 1976 and 1982. It was last sold for £309,000 in May 2016, which was around 11% below the average May 2016 detached price in the Castle Point local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

1 FARM ROAD Sold Prices

Land registry data shows two sales for 1 FARM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Both of the two 1 FARM 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
2016 31 MAY	£309,000	£346,568	11% below HPI
2006 20 OCT	£234,995	£249,093	6% below HPI

1 FARM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The two 1 FARM ROAD sales from October 2006 and May 2016 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 October 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 FARM ROAD?

1 FARM ROAD is 97m² according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses by size in Canvey Island, and where 1 FARM ROAD lies on this distribution: 57% of detached houses are smaller than 1 FARM ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

1 FARM ROAD: Plot and Title Map

1 FARM ROAD sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 1 FARM 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 1 FARM 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 1 FARM ROAD?

1 FARM ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 1 on FARM ROAD.