20, TERAMO ROAD, CANVEY ISLAND, SS8 7LW - £175,000

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

20 TERAMO ROAD is a very small detached house of 38m², built sometime between 1950 and 1966. It was last sold for £175,000 in September 2016, which was around 53% below the average September 2016 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

20 TERAMO ROAD Sold Prices

Land registry data shows three sales for 20 TERAMO ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the three 20 TERAMO 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
2016 2 SEP	£175,000	£369,979	53% below HPI
2008 25 MAR	£146,000	£272,503	46% below HPI
2007 2 MAR	£139,000	£256,288	46% below HPI

20 TERAMO 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 three 20 TERAMO ROAD sales between March 2007 and September 2016 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 2008 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2016 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 20 TERAMO ROAD?

20 TERAMO ROAD is 38m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 20 TERAMO ROAD lies on this distribution: 4% of detached houses are smaller than 20 TERAMO ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

20 TERAMO ROAD: Plot and Title Map

20 TERAMO ROAD sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 20 TERAMO 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 20 TERAMO 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 20 TERAMO ROAD?

20 TERAMO ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 20 on TERAMO ROAD.