1, LABWORTH ROAD, CANVEY ISLAND, SS8 7BP - £430,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 LABWORTH ROAD is a large extended detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £413,819. It was last sold for £430,000 in November 2024, which was around 11% below the average November 2024 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

1 LABWORTH ROAD Sold Prices

Land registry data shows three sales for 1 LABWORTH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Two of the three 1 LABWORTH ROAD sales were for below the average price, whilst one was 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
2024 28 NOV	£430,000	£481,536	11% below HPI
1998 30 OCT	£107,000	£97,679	10% above HPI
1998 9 JAN	£50,000	£92,776	46% below HPI

1 LABWORTH 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 three 1 LABWORTH ROAD sales between January 1998 and November 2024 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 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 LABWORTH ROAD be worth now?

1 LABWORTH ROAD might now be worth an estimated £413,819.

This is based on house price deflation of 3.8%, between November 2024 and February 2025, for detached houses, in the Castle Point local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% deflationary decrease is applied to the most recent sale price for 1 LABWORTH ROAD of £430,000 on 28th November 2024. For the value to have decreased from £430,000 to £413,819 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 1 LABWORTH ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The November 2024 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LABWORTH ROAD has not materially changed since November 2024.

How Large is 1 LABWORTH ROAD?

1 LABWORTH ROAD is 129m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses houses by size in Canvey Island, and where 1 LABWORTH ROAD lies on this distribution: 79% of detached houses houses are smaller than 1 LABWORTH ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

1 LABWORTH ROAD: Plot and Title Map

1 LABWORTH ROAD sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 1 LABWORTH 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 LABWORTH 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 LABWORTH ROAD?

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