15B, WESTMAN ROAD, CANVEY ISLAND, SS8 8LZ - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15B WESTMAN ROAD is a small extended detached house of 65m², built sometime between 1967 and 1975. It was last sold for £175,000 in December 2014, which was around 43% below the average December 2014 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

15B WESTMAN ROAD Sold Prices

Land registry data shows three sales for 15B WESTMAN 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 15B WESTMAN 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
2014 15 DEC	£175,000	£307,936	43% below HPI
2005 30 NOV	£140,000	£234,585	40% below HPI
2002 11 OCT	£125,000	£188,739	34% below HPI

15B WESTMAN 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 15B WESTMAN ROAD sales between October 2002 and December 2014 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 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 15B WESTMAN ROAD?

15B WESTMAN ROAD is 65m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% 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 15B WESTMAN ROAD lies on this distribution: 33% of detached houses are smaller than 15B WESTMAN ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

15B WESTMAN ROAD: Plot and Title Map

15B WESTMAN ROAD sits on a plot of roughly 0.039 of an acre, or 160m². The below map shows the location of 15B WESTMAN 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 15B WESTMAN 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 15B WESTMAN ROAD?

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