197, EASTERN ESPLANADE, CANVEY ISLAND, SS8 7NY - £337,000

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.

197 EASTERN ESPLANADE is a midsized detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £352,410. It was last sold for £337,000 in September 2021, which was around 24% below the average September 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

197 EASTERN ESPLANADE Sold Prices

Land registry data shows two sales for 197 EASTERN ESPLANADE 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 197 EASTERN ESPLANADE 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
2021 24 SEP	£337,000	£443,152	24% below HPI
2002 4 DEC	£159,000	£200,879	21% below HPI

197 EASTERN ESPLANADE 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 197 EASTERN ESPLANADE sales from December 2002 and September 2021 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 December 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 197 EASTERN ESPLANADE be worth now?

197 EASTERN ESPLANADE might now be worth an estimated £352,410.

This is based on house price inflation of 4.6%, between September 2021 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 4.6% inflationary increase is applied to the most recent sale price for 197 EASTERN ESPLANADE of £337,000 on 24th September 2021. For the value to have increased from £337,000 to £352,410 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 197 EASTERN ESPLANADE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The September 2021 sale price of £337,000 represented a fair market value for the property.
• The size, condition, and specification of 197 EASTERN ESPLANADE has not materially changed since September 2021.

How Large is 197 EASTERN ESPLANADE?

197 EASTERN ESPLANADE is 83m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% 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 197 EASTERN ESPLANADE lies on this distribution: 46% of detached houses houses are smaller than 197 EASTERN ESPLANADE, and 53% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

197 EASTERN ESPLANADE: Plot and Title Map

197 EASTERN ESPLANADE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 197 EASTERN ESPLANADE, 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 197 EASTERN ESPLANADE). 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 197 EASTERN ESPLANADE?

197 EASTERN ESPLANADE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 197 on EASTERN ESPLANADE.