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

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 WAALWYK DRIVE is a very large extended detached house of 167m², built sometime between 1950 and 1966. It was last sold for £255,000 in April 2016, which was around 26% 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	£344,953	26% below HPI
2002 26 APR	£151,000	£165,903	9% 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

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 in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses by size in Canvey Island, and where 3 WAALWYK DRIVE lies on this distribution: 93% of detached 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.