107, WESTERN ESPLANADE, CANVEY ISLAND, SS8 0AY - £475,000

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

107 WESTERN ESPLANADE is a very large detached house of 212m², built sometime between 1996 and 2002, which could now be worth an estimated £586,166. It was last sold for £475,000 in February 2018, which was around 22% above the average February 2018 detached price in the Castle Point local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

107 WESTERN ESPLANADE Sold Prices

Land registry data shows two sales for 107 WESTERN ESPLANADE 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. One of the two 107 WESTERN ESPLANADE sales was for above the average price, whilst the other was 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
2018 23 FEB	£475,000	£389,610	22% above HPI
1995 16 JUN	£42,000	£77,536	46% below HPI

107 WESTERN ESPLANADE 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 107 WESTERN ESPLANADE sales from June 1995 and February 2018 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 June 1995 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2018 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 107 WESTERN ESPLANADE be worth now?

107 WESTERN ESPLANADE might now be worth an estimated £586,166.

This is based on house price inflation of 23.4%, between February 2018 and December 2024, 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 23.4% inflationary increase is applied to the most recent sale price for 107 WESTERN ESPLANADE of £475,000 on 23rd February 2018. For the value to have increased from £475,000 to £586,166 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 107 WESTERN ESPLANADE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The February 2018 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 107 WESTERN ESPLANADE has not materially changed since February 2018.

How Large is 107 WESTERN ESPLANADE?

107 WESTERN ESPLANADE is 212m² according to the EPC inspection conducted in April 2017. This puts it in the largest 10% 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 107 WESTERN ESPLANADE lies on this distribution: 98% of detached houses houses are smaller than 107 WESTERN ESPLANADE, and 2% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

107 WESTERN ESPLANADE: Plot and Title Map

107 WESTERN ESPLANADE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 107 WESTERN ESPLANADE, 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 107 WESTERN ESPLANADE). 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 107 WESTERN ESPLANADE?

107 WESTERN ESPLANADE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 107 on WESTERN ESPLANADE.