16, ODESSA ROAD, CANVEY ISLAND, SS8 7ER - £212,500

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

16 ODESSA ROAD is a very small detached house of 40m², built sometime between 1983 and 1990. It was last sold for £212,500 in December 2016, which was around 45% below the average December 2016 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

16 ODESSA ROAD Sold Prices

Land registry data shows four sales for 16 ODESSA 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 16 ODESSA 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
2016 15 DEC	£212,500	£388,535	45% below HPI
2004 30 NOV	£138,000	£243,556	43% below HPI
2003 30 OCT	£123,000	£218,270	44% below HPI
1996 30 AUG	£47,000	£81,387	42% below HPI

16 ODESSA 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 16 ODESSA ROAD sales between August 1996 and December 2016 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 2004 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2016 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 16 ODESSA ROAD?

16 ODESSA ROAD is 40m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% 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 16 ODESSA ROAD lies on this distribution: 6% of detached houses are smaller than 16 ODESSA ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

16 ODESSA ROAD: Plot and Title Map

16 ODESSA ROAD sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 16 ODESSA 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 16 ODESSA 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 16 ODESSA ROAD?

16 ODESSA ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 16 on ODESSA ROAD.