2, GIFHORN ROAD, CANVEY ISLAND, SS8 8LA - £240,000

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

2 GIFHORN ROAD is a small extended detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £273,846. It was last sold for £240,000 in September 2019, which was around 41% below the average September 2019 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

2 GIFHORN ROAD Sold Prices

Land registry data shows four sales for 2 GIFHORN 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 2 GIFHORN 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
2019 20 SEP	£240,000	£406,140	41% below HPI
2005 31 AUG	£133,500	£232,296	43% below HPI
2003 27 MAY	£113,000	£214,385	47% below HPI
2002 28 JAN	£73,500	£151,496	51% below HPI

2 GIFHORN 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 2 GIFHORN ROAD sales between January 2002 and September 2019 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 2005 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2019 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 2 GIFHORN ROAD be worth now?

2 GIFHORN ROAD might now be worth an estimated £273,846.

This is based on house price inflation of 14.1%, between September 2019 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 14.1% inflationary increase is applied to the most recent sale price for 2 GIFHORN ROAD of £240,000 on 20th September 2019. For the value to have increased from £240,000 to £273,846 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 GIFHORN ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The September 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GIFHORN ROAD has not materially changed since September 2019.

How Large is 2 GIFHORN ROAD?

2 GIFHORN ROAD is 58m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 2 GIFHORN ROAD lies on this distribution: 27% of detached houses houses are smaller than 2 GIFHORN ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

2 GIFHORN ROAD: Plot and Title Map

2 GIFHORN ROAD sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 2 GIFHORN 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 GIFHORN 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 GIFHORN ROAD?

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