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
10 NEWLANDS ROAD is a very small detached house of 46m², built sometime between 1967 and 1975. It was last sold for £285,000 in February 2022, which was around 40% below the average February 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 10 NEWLANDS ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the four 10 NEWLANDS 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 |
---|---|---|---|
2022 25 FEB | £285,000 | £472,115 | 40% below HPI |
2017 2 NOV | £245,000 | £404,627 | 39% below HPI |
2009 12 JUN | £75,000 | £228,805 | 67% below HPI |
1999 16 SEP | £63,000 | £110,021 | 43% below HPI |
The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The four 10 NEWLANDS ROAD sales between September 1999 and February 2022 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 November 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
10 NEWLANDS ROAD is 46m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% 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 10 NEWLANDS ROAD lies on this distribution: 13% of detached houses are smaller than 10 NEWLANDS ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.
10 NEWLANDS ROAD sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 10 NEWLANDS 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 10 NEWLANDS 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.
10 NEWLANDS ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 10 on NEWLANDS ROAD.