23, WESTERN ESPLANADE, CANVEY ISLAND, SS8 0AY - £550,000

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

23 WESTERN ESPLANADE is a very large extended detached house of 131m², built sometime between 1991 and 1995. It was last sold for £550,000 in September 2021, which was around 22% above the average September 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

23 WESTERN ESPLANADE Sold Prices

Land registry data shows three sales for 23 WESTERN ESPLANADE 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 23 WESTERN ESPLANADE sales 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
2021 27 SEP	£550,000	£449,367	22% above HPI
2020 28 FEB	£485,000	£408,144	19% above HPI
2006 26 MAY	£290,000	£246,378	18% above HPI

23 WESTERN ESPLANADE 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 23 WESTERN ESPLANADE sales between May 2006 and September 2021 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 February 2020 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 23 WESTERN ESPLANADE?

23 WESTERN ESPLANADE is 131m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 20% 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 23 WESTERN ESPLANADE lies on this distribution: 80% of detached houses are smaller than 23 WESTERN ESPLANADE, and 19% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

23 WESTERN ESPLANADE: Plot and Title Map

23 WESTERN ESPLANADE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 23 WESTERN ESPLANADE, 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 23 WESTERN ESPLANADE). 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 23 WESTERN ESPLANADE?

23 WESTERN ESPLANADE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 23 on WESTERN ESPLANADE.