3, WAALWYK DRIVE, CANVEY ISLAND, SS8 8BL - £255,000

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 WAALWYK DRIVE is a very large extended detached house of 167m², built sometime between 1950 and 1966, which could now be worth an estimated £360,401. It was last sold for £255,000 in April 2016, which was around 25% below the average April 2016 detached price in the Castle Point local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

3 WAALWYK DRIVE Sold Prices

Land registry data shows two sales for 3 WAALWYK DRIVE 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 3 WAALWYK DRIVE 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
2016 5 APR	£255,000	£340,182	25% below HPI
2002 26 APR	£151,000	£163,608	8% below HPI

3 WAALWYK DRIVE 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 3 WAALWYK DRIVE sales from April 2002 and April 2016 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 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 WAALWYK DRIVE be worth now?

3 WAALWYK DRIVE might now be worth an estimated £360,401.

This is based on house price inflation of 41.3%, between April 2016 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 41.3% inflationary increase is applied to the most recent sale price for 3 WAALWYK DRIVE of £255,000 on 5th April 2016. For the value to have increased from £255,000 to £360,401 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of 3 WAALWYK DRIVE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The April 2016 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WAALWYK DRIVE has not materially changed since April 2016.

How Large is 3 WAALWYK DRIVE?

3 WAALWYK DRIVE is 167m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 10% 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 WAALWYK DRIVE lies on this distribution: 93% of detached houses houses are smaller than 3 WAALWYK DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

3 WAALWYK DRIVE: Plot and Title Map

3 WAALWYK DRIVE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 3 WAALWYK DRIVE, 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 WAALWYK DRIVE). 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 WAALWYK DRIVE?

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