24, WEEL ROAD, CANVEY ISLAND, SS8 7NW - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 WEEL ROAD is a large detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £394,374. It was last sold for £210,000 in September 2006, which was around 15% below the average September 2006 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

24 WEEL ROAD Sold Prices

Land registry data shows two sales for 24 WEEL 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 WEEL 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
2006 11 SEP	£210,000	£246,764	15% below HPI
1998 3 APR	£86,000	£93,474	8% below HPI

24 WEEL 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 WEEL ROAD sales from April 1998 and September 2006 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 April 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2006 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 24 WEEL ROAD be worth now?

24 WEEL ROAD might now be worth an estimated £394,374.

This is based on house price inflation of 87.8%, between September 2006 and February 2025, 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 87.8% inflationary increase is applied to the most recent sale price for 24 WEEL ROAD of £210,000 on 11th September 2006. For the value to have increased from £210,000 to £394,374 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 WEEL ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The September 2006 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WEEL ROAD has not materially changed since September 2006.

How Large is 24 WEEL ROAD?

24 WEEL ROAD is 124m² according to the EPC inspection conducted in October 2023. This puts it in the largest 30% 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 WEEL ROAD lies on this distribution: 76% of detached houses houses are smaller than 24 WEEL ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

24 WEEL ROAD: Plot and Title Map

24 WEEL ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 24 WEEL 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 WEEL 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 WEEL ROAD?

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