16B, GRAFTON ROAD, CANVEY ISLAND, SS8 7BT - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16B GRAFTON ROAD is a large extended detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £415,691. It was last sold for £345,000 in November 2017, which was around 14% below the average November 2017 detached price in the Castle Point local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was B.

16B GRAFTON ROAD Sold Prices

Land registry data shows two sales for 16B GRAFTON 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 16B GRAFTON 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
2017 3 NOV	£345,000	£399,030	14% below HPI
2013 2 AUG	£195,000	£253,935	23% below HPI

16B GRAFTON 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 16B GRAFTON ROAD sales from August 2013 and November 2017 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 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 16B GRAFTON ROAD be worth now?

16B GRAFTON ROAD might now be worth an estimated £415,691.

This is based on house price inflation of 20.5%, between November 2017 and December 2024, 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 20.5% inflationary increase is applied to the most recent sale price for 16B GRAFTON ROAD of £345,000 on 3rd November 2017. For the value to have increased from £345,000 to £415,691 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 16B GRAFTON ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The November 2017 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 16B GRAFTON ROAD has not materially changed since November 2017.

How Large is 16B GRAFTON ROAD?

16B GRAFTON ROAD is 116m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 30% 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 16B GRAFTON ROAD lies on this distribution: 72% of detached houses houses are smaller than 16B GRAFTON ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

16B GRAFTON ROAD: Plot and Title Map

16B GRAFTON ROAD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 16B GRAFTON 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 16B GRAFTON 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 16B GRAFTON ROAD?

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