2, ROLAND LANE, CANVEY ISLAND, SS8 9DW - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 ROLAND LANE is a midsized detached house of 82m², built sometime between 1991 and 1995. It was last sold for £415,000 in January 2022, which was around 12% below the average January 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

2 ROLAND LANE Sold Prices

Land registry data shows four sales for 2 ROLAND LANE 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. two of the four 2 ROLAND LANE sales were for below the average price, and four 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 26 JAN	£415,000	£469,685	12% below HPI
2001 5 MAR	£142,000	£137,700	3% above HPI
2000 4 SEP	£140,000	£133,670	5% above HPI
1996 15 NOV	£78,000	£80,432	3% below HPI

2 ROLAND LANE 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 ROLAND LANE sales between November 1996 and January 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 March 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 ROLAND LANE?

2 ROLAND LANE is 82m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% 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 ROLAND LANE lies on this distribution: 46% of detached houses are smaller than 2 ROLAND LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

2 ROLAND LANE: Plot and Title Map

2 ROLAND LANE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 ROLAND LANE, 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 ROLAND LANE). 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 ROLAND LANE?

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