3, CAMBRIDGE ROAD, CANVEY ISLAND, SS8 0EU - £548,000

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

3 CAMBRIDGE ROAD is a very large extended detached house of 229m², built sometime between 1983 and 1990. It was last sold for £548,000 in April 2022, which was around 13% above the average April 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

3 CAMBRIDGE ROAD Sold Prices

Land registry data shows three sales for 3 CAMBRIDGE 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. Two of the three 3 CAMBRIDGE ROAD sales were for above the average price, whilst one was 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 14 APR	£548,000	£485,648	13% above HPI
1999 10 DEC	£190,000	£115,192	65% above HPI
1997 10 OCT	£37,500	£91,282	59% below HPI

3 CAMBRIDGE 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 3 CAMBRIDGE ROAD sales between October 1997 and April 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 December 1999 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the April 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 3 CAMBRIDGE ROAD?

3 CAMBRIDGE ROAD is 229m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 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 3 CAMBRIDGE ROAD lies on this distribution: 98% of detached houses are smaller than 3 CAMBRIDGE ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

3 CAMBRIDGE ROAD: Plot and Title Map

3 CAMBRIDGE ROAD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 3 CAMBRIDGE 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 3 CAMBRIDGE 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 3 CAMBRIDGE ROAD?

3 CAMBRIDGE ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 3 on CAMBRIDGE ROAD.