14, WEEL ROAD, CANVEY ISLAND, SS8 7NW - £150,000

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

14 WEEL ROAD is a very small extended detached house of 50m², built sometime between 1967 and 1975. It was last sold for £150,000 in August 2010, which was around 44% below the average August 2010 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

14 WEEL ROAD Sold Prices

Land registry data shows four sales for 14 WEEL ROAD since 1^st 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 14 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
2010 17 AUG	£150,000	£265,925	44% below HPI
2007 20 NOV	£165,000	£275,648	40% below HPI
1997 26 NOV	£53,000	£92,432	43% below HPI
1996 31 JAN	£45,000	£78,256	42% below HPI

14 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 four 14 WEEL ROAD sales between January 1996 and August 2010 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 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2010 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 14 WEEL ROAD?

14 WEEL ROAD is 50m², which includes one extension, according to the EPC inspection conducted in August 2009. 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 14 WEEL ROAD lies on this distribution: 18% of detached houses are smaller than 14 WEEL ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

14 WEEL ROAD: Plot and Title Map

14 WEEL ROAD sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 14 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 14 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 14 WEEL ROAD?

14 WEEL ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 14 on WEEL ROAD.