32, THE PARKWAY, CANVEY ISLAND, SS8 0AQ - £550,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

32 THE PARKWAY is a large extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £550,000 in July 2022, which was around 12% above the average July 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

32 THE PARKWAY Sold Prices

Land registry data shows two sales for 32 THE PARKWAY 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 32 THE PARKWAY sales 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
2022 20 JUL	£550,000	£492,223	12% above HPI
2008 16 MAY	£300,000	£271,227	11% above HPI

32 THE PARKWAY 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 32 THE PARKWAY sales from May 2008 and July 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 May 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 32 THE PARKWAY?

32 THE PARKWAY is 116m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 30% 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 32 THE PARKWAY lies on this distribution: 72% of detached houses are smaller than 32 THE PARKWAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

32 THE PARKWAY: Plot and Title Map

32 THE PARKWAY sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 32 THE PARKWAY, 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 32 THE PARKWAY). 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 32 THE PARKWAY?

32 THE PARKWAY is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 32 on THE PARKWAY.