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

2 GIFHORN ROAD is a small extended detached house of 58m², built sometime between 1950 and 1966. It was last sold for £240,000 in September 2019, which was around 42% 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	£411,837	42% below HPI
2005 31 AUG	£133,500	£235,555	43% below HPI
2003 27 MAY	£113,000	£217,392	48% below HPI
2002 28 JAN	£73,500	£153,621	52% 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 42% below the HPI. The line then continues to track at 42% below the HPI.

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 in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses by size in Canvey Island, and where 2 GIFHORN ROAD lies on this distribution: 27% of detached 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.