12, WEEL ROAD, CANVEY ISLAND, SS8 7NW - £203,000

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 WEEL ROAD is a very small detached house of 41m², built sometime between 1950 and 1966. It was last sold for £203,000 in June 2019, which was around 50% below the average June 2019 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

12 WEEL ROAD Sold Prices

Land registry data shows three sales for 12 WEEL 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. All of the three 12 WEEL 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
2019 5 JUN	£203,000	£403,873	50% below HPI
2002 20 SEP	£91,995	£184,281	50% below HPI
1995 25 SEP	£34,000	£78,865	57% below HPI

12 WEEL 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 12 WEEL ROAD sales between September 1995 and June 2019 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 September 2002 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2019 sale, which was also at 50% below the HPI.

How Large is 12 WEEL ROAD?

12 WEEL ROAD is 41m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% 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 WEEL ROAD lies on this distribution: 7% of detached houses are smaller than 12 WEEL ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

12 WEEL ROAD: Plot and Title Map

12 WEEL ROAD sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 12 WEEL 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 12 WEEL 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 12 WEEL ROAD?

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