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
15 SPANBEEK ROAD is a small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £230,000 in December 2018, which was around 44% below the average December 2018 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 15 SPANBEEK ROAD since 1st 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 15 SPANBEEK 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 17 DEC | £230,000 | £408,126 | 44% below HPI |
2010 6 MAR | £165,000 | £265,381 | 38% below HPI |
2004 20 DEC | £136,000 | £244,502 | 44% below HPI |
1996 20 DEC | £36,000 | £81,642 | 56% below HPI |
The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The four 15 SPANBEEK ROAD sales between December 1996 and December 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 March 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
15 SPANBEEK ROAD is 59m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% 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 15 SPANBEEK ROAD lies on this distribution: 28% of detached houses are smaller than 15 SPANBEEK ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.
15 SPANBEEK ROAD sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of 15 SPANBEEK 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 SPANBEEK 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.
15 SPANBEEK ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 15 on SPANBEEK ROAD.