22, MEADWAY, CANVEY ISLAND, SS8 7DJ - £390,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

22 MEADWAY is a midsized detached house of 78m², built sometime between 1950 and 1966. It was last sold for £390,000 in January 2023, which was around 23% below the average January 2023 detached price in the Castle Point local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

22 MEADWAY Sold Prices

Land registry data shows two sales for 22 MEADWAY 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 22 MEADWAY 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
2023 17 JAN	£390,000	£503,414	23% below HPI
2005 8 JUL	£183,000	£239,830	24% below HPI

22 MEADWAY 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 22 MEADWAY sales from July 2005 and January 2023 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 July 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 22 MEADWAY?

22 MEADWAY is 78m² according to the EPC inspection conducted in September 2022. 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 22 MEADWAY lies on this distribution: 43% of detached houses are smaller than 22 MEADWAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

22 MEADWAY: Plot and Title Map

22 MEADWAY sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 22 MEADWAY, 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 22 MEADWAY). 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 22 MEADWAY?

22 MEADWAY is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 22 on MEADWAY.