15, GIFHORN ROAD, CANVEY ISLAND, SS8 8LA - £337,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 GIFHORN ROAD is a small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £324,886. It was last sold for £337,500 in June 2022, which was around 30% below the average June 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

15 GIFHORN ROAD Sold Prices

Land registry data shows three sales for 15 GIFHORN 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 15 GIFHORN 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 29 JUN	£337,500	£481,408	30% below HPI
2016 29 FEB	£246,000	£341,209	28% below HPI
2010 22 OCT	£160,000	£262,020	39% below HPI

15 GIFHORN 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 15 GIFHORN ROAD sales between October 2010 and June 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 February 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 15 GIFHORN ROAD be worth now?

15 GIFHORN ROAD might now be worth an estimated £324,886.

This is based on house price deflation of 3.7%, between June 2022 and February 2025, 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 3.7% deflationary decrease is applied to the most recent sale price for 15 GIFHORN ROAD of £337,500 on 29th June 2022. For the value to have decreased from £337,500 to £324,886 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 15 GIFHORN ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The June 2022 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 15 GIFHORN ROAD has not materially changed since June 2022.

How Large is 15 GIFHORN ROAD?

15 GIFHORN ROAD is 63m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 15 GIFHORN ROAD lies on this distribution: 31% of detached houses houses are smaller than 15 GIFHORN ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

15 GIFHORN ROAD: Plot and Title Map

15 GIFHORN ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 15 GIFHORN 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 15 GIFHORN 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 15 GIFHORN ROAD?

15 GIFHORN ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 15 on GIFHORN ROAD.