3, ELM ROAD, CANVEY ISLAND, SS8 7AW - £270,000

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

3 ELM ROAD is a very large extended detached house of 135m², built sometime between 1930 and 1949, which could now be worth an estimated £396,521. It was last sold for £270,000 in September 2015, which was around 18% below the average September 2015 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

3 ELM ROAD Sold Prices

Land registry data shows three sales for 3 ELM 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. All of the three 3 ELM 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
2015 18 SEP	£270,000	£327,382	18% below HPI
2014 6 JUN	£200,000	£276,847	28% below HPI
1999 23 AUG	£79,000	£108,481	27% below HPI

3 ELM 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 ELM ROAD sales between August 1999 and September 2015 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 June 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 ELM ROAD be worth now?

3 ELM ROAD might now be worth an estimated £396,521.

This is based on house price inflation of 46.9%, between September 2015 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 46.9% inflationary increase is applied to the most recent sale price for 3 ELM ROAD of £270,000 on 18th September 2015. For the value to have increased from £270,000 to £396,521 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 ELM ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The September 2015 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELM ROAD has not materially changed since September 2015.

How Large is 3 ELM ROAD?

3 ELM ROAD is 135m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 20% 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 3 ELM ROAD lies on this distribution: 82% of detached houses houses are smaller than 3 ELM ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

3 ELM ROAD: Plot and Title Map

3 ELM ROAD sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 3 ELM 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 ELM 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 ELM ROAD?

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