24, FLORENCE ROAD, CANVEY ISLAND, SS8 7EH - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 FLORENCE ROAD is a small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £293,893. It was last sold for £300,000 in November 2022, which was around 39% below the average November 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

24 FLORENCE ROAD Sold Prices

Land registry data shows two sales for 24 FLORENCE 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 24 FLORENCE 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
2022 25 NOV	£300,000	£490,782	39% below HPI
2008 12 MAY	£180,000	£267,475	33% below HPI

24 FLORENCE 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 24 FLORENCE ROAD sales from May 2008 and November 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 May 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 24 FLORENCE ROAD be worth now?

24 FLORENCE ROAD might now be worth an estimated £293,893.

This is based on house price deflation of 2%, between November 2022 and December 2024, for detached houses, in the Castle Point local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% deflationary decrease is applied to the most recent sale price for 24 FLORENCE ROAD of £300,000 on 25th November 2022. For the value to have decreased from £300,000 to £293,893 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 24 FLORENCE ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The November 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 24 FLORENCE ROAD has not materially changed since November 2022.

How Large is 24 FLORENCE ROAD?

24 FLORENCE ROAD is 72m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses houses by size in Canvey Island, and where 24 FLORENCE ROAD lies on this distribution: 37% of detached houses houses are smaller than 24 FLORENCE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

24 FLORENCE ROAD: Plot and Title Map

24 FLORENCE ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 24 FLORENCE 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 24 FLORENCE 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 24 FLORENCE ROAD?

24 FLORENCE ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 24 on FLORENCE ROAD.