2, CLEVELAND ROAD, CANVEY ISLAND, SS8 0AU - £810,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

2 CLEVELAND ROAD is a very large extended detached house of 243m², built sometime between 1950 and 1966. It was last sold for £810,000 in March 2022, which was around 68% above the average March 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

2 CLEVELAND ROAD Sold Prices

Land registry data shows two sales for 2 CLEVELAND 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 2 CLEVELAND ROAD sales were for above 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
2022 29 MAR	£810,000	£481,118	68% above HPI
2010 1 JUL	£425,000	£261,562	62% above HPI

2 CLEVELAND 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 2 CLEVELAND ROAD sales from July 2010 and March 2022 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 July 2010 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2022 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 2 CLEVELAND ROAD?

2 CLEVELAND ROAD is 243m², which includes four extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 2 CLEVELAND ROAD lies on this distribution: 99% of detached houses are smaller than 2 CLEVELAND ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

2 CLEVELAND ROAD: Plot and Title Map

2 CLEVELAND ROAD sits on a plot of roughly 0.266 of an acre, or 1,075m². The below map shows the location of 2 CLEVELAND 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 2 CLEVELAND 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 2 CLEVELAND ROAD?

2 CLEVELAND ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 2 on CLEVELAND ROAD.