3, JASMINE CLOSE, CANVEY ISLAND, SS8 0HT - £490,000

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 JASMINE CLOSE is a very large detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £476,778. It was last sold for £490,000 in January 2023, which was around 1% below the average January 2023 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

3 JASMINE CLOSE Sold Prices

Land registry data shows four sales for 3 JASMINE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. two of the four 3 JASMINE CLOSE sales were for below the average price, and four 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
2023 17 JAN	£490,000	£494,125	1% below HPI
2014 23 OCT	£279,995	£297,873	6% below HPI
2005 4 MAR	£248,000	£235,830	5% above HPI
2003 10 JAN	£217,450	£205,821	6% above HPI

3 JASMINE CLOSE 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 four 3 JASMINE CLOSE sales between January 2003 and January 2023 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 October 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 JASMINE CLOSE be worth now?

3 JASMINE CLOSE might now be worth an estimated £476,778.

This is based on house price deflation of 2.7%, between January 2023 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 2.7% deflationary decrease is applied to the most recent sale price for 3 JASMINE CLOSE of £490,000 on 17th January 2023. For the value to have decreased from £490,000 to £476,778 over the one month to December 2024, the following assumptions must hold true:

• The value of 3 JASMINE CLOSE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The January 2023 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 3 JASMINE CLOSE has not materially changed since January 2023.

How Large is 3 JASMINE CLOSE?

3 JASMINE CLOSE is 139m² according to the EPC inspection conducted in January 2022. 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 JASMINE CLOSE lies on this distribution: 85% of detached houses houses are smaller than 3 JASMINE CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

3 JASMINE CLOSE: Plot and Title Map

3 JASMINE CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 3 JASMINE CLOSE, 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 JASMINE CLOSE). 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 JASMINE CLOSE?

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