15, SOUTHWICK ROAD, CANVEY ISLAND, SS8 0EP - £210,000

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 SOUTHWICK ROAD is a very small detached house of 43m², built sometime between 1967 and 1975, which could now be worth an estimated £245,680. It was last sold for £210,000 in May 2018, which was around 47% below the average May 2018 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

15 SOUTHWICK ROAD Sold Prices

Land registry data shows two sales for 15 SOUTHWICK ROAD 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 15 SOUTHWICK 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
2018 18 MAY	£210,000	£396,114	47% below HPI
1999 31 AUG	£54,000	£108,481	50% below HPI

15 SOUTHWICK 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 two 15 SOUTHWICK ROAD sales from August 1999 and May 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 August 1999 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2018 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 15 SOUTHWICK ROAD be worth now?

15 SOUTHWICK ROAD might now be worth an estimated £245,680.

This is based on house price inflation of 17%, between May 2018 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 17% inflationary increase is applied to the most recent sale price for 15 SOUTHWICK ROAD of £210,000 on 18th May 2018. For the value to have increased from £210,000 to £245,680 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 15 SOUTHWICK ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The May 2018 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SOUTHWICK ROAD has not materially changed since May 2018.

How Large is 15 SOUTHWICK ROAD?

15 SOUTHWICK ROAD is 43m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 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 15 SOUTHWICK ROAD lies on this distribution: 9% of detached houses houses are smaller than 15 SOUTHWICK ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

15 SOUTHWICK ROAD: Plot and Title Map

15 SOUTHWICK ROAD sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 15 SOUTHWICK 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 SOUTHWICK 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 SOUTHWICK ROAD?

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