2, NEW ROAD, CANVEY ISLAND, SS8 9JS - £380,000

2 NEW ROAD is a large extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £380,000 in May 2018, which was around 5% below the average May 2018 detached price in the Castle Point local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

2 NEW ROAD Sold Prices

Land registry data shows two sales for 2 NEW 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 NEW 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
2018 11 MAY	£380,000	£401,670	5% below HPI
2015 30 JAN	£230,000	£306,220	25% below HPI

2 NEW 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 NEW ROAD sales from January 2015 and May 2018 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 January 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 NEW ROAD?

2 NEW ROAD is 117m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 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 NEW ROAD lies on this distribution: 73% of detached houses are smaller than 2 NEW ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

2 NEW ROAD: Plot and Title Map

2 NEW ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 2 NEW 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 NEW 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 NEW ROAD?

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