1, PENNIAL ROAD, CANVEY ISLAND, SS8 9EA - £400,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

1 PENNIAL ROAD is a large detached house of 108m², built sometime between 1983 and 1990. It was last sold for £400,000 in October 2023, which was around 19% below the average October 2023 detached price in the Castle Point local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was C.

1 PENNIAL ROAD Sold Prices

Land registry data shows two sales for 1 PENNIAL 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 PENNIAL 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
2023 9 OCT	£400,000	£494,054	19% below HPI
1995 24 FEB	£78,342	£79,888	2% below HPI

1 PENNIAL 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 PENNIAL ROAD sales from February 1995 and October 2023 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 1995 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 PENNIAL ROAD?

1 PENNIAL ROAD is 108m² according to the EPC inspection conducted in March 2023. This puts it in the largest 40% 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 PENNIAL ROAD lies on this distribution: 66% of detached houses are smaller than 1 PENNIAL ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

1 PENNIAL ROAD: Plot and Title Map

1 PENNIAL ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 1 PENNIAL 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 PENNIAL 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 PENNIAL ROAD?

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