12, THE DRIVEWAY, CANVEY ISLAND, SS8 0AD - £192,500

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

12 THE DRIVEWAY is a large extended semi-detached house of 108m², built sometime between 1950 and 1966. It was last sold for £192,500 in October 2003, which was around 12% below the average October 2003 detached price in the Castle Point local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

12 THE DRIVEWAY Sold Prices

Land registry data shows two sales for 12 THE DRIVEWAY 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 12 THE DRIVEWAY 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
2003 23 OCT	£192,500	£218,270	12% below HPI
1997 15 AUG	£63,000	£88,551	29% below HPI

12 THE DRIVEWAY 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 12 THE DRIVEWAY sales from August 1997 and October 2003 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 August 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2003 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 12 THE DRIVEWAY?

12 THE DRIVEWAY is 108m², which includes one extension, according to the EPC inspection conducted in April 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 12 THE DRIVEWAY lies on this distribution: 66% of detached houses are smaller than 12 THE DRIVEWAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

12 THE DRIVEWAY: Plot and Title Map

12 THE DRIVEWAY sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 12 THE DRIVEWAY, 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 12 THE DRIVEWAY). 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 12 THE DRIVEWAY?

12 THE DRIVEWAY is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 12 on THE DRIVEWAY.