16A, LETZEN ROAD, CANVEY ISLAND, SS8 9AW - £350,000

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.

16A LETZEN ROAD is a very large detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £388,955. It was last sold for £350,000 in November 2020, which was around 16% below the average November 2020 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

16A LETZEN ROAD Sold Prices

Land registry data shows two sales for 16A LETZEN 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 16A LETZEN 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
2020 6 NOV	£350,000	£417,004	16% below HPI
2016 15 MAR	£215,000	£340,512	37% below HPI

16A LETZEN 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 16A LETZEN ROAD sales from March 2016 and November 2020 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 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 16A LETZEN ROAD be worth now?

16A LETZEN ROAD might now be worth an estimated £388,955.

This is based on house price inflation of 11.1%, between November 2020 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 11.1% inflationary increase is applied to the most recent sale price for 16A LETZEN ROAD of £350,000 on 6th November 2020. For the value to have increased from £350,000 to £388,955 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 16A LETZEN ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The November 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 16A LETZEN ROAD has not materially changed since November 2020.

How Large is 16A LETZEN ROAD?

16A LETZEN ROAD is 131m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% 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 16A LETZEN ROAD lies on this distribution: 80% of detached houses houses are smaller than 16A LETZEN ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

16A LETZEN ROAD: Plot and Title Map

16A LETZEN ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 16A LETZEN 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 16A LETZEN 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 16A LETZEN ROAD?

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