38, SURIG ROAD, CANVEY ISLAND, SS8 9EP - £175,000

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

38 SURIG ROAD is a very small detached house of 37m², built sometime between 1967 and 1975, which could now be worth an estimated £252,695. It was last sold for £175,000 in October 2015, which was around 47% below the average October 2015 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

38 SURIG ROAD Sold Prices

Land registry data shows three sales for 38 SURIG 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 38 SURIG 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 23 OCT	£175,000	£332,965	47% below HPI
1999 10 DEC	£60,000	£113,599	47% below HPI
1997 2 JUL	£45,000	£86,246	48% below HPI

38 SURIG 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 38 SURIG ROAD sales between July 1997 and October 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 December 1999 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2015 sale, which was also at 47% below the HPI.

What might 38 SURIG ROAD be worth now?

38 SURIG ROAD might now be worth an estimated £252,695.

This is based on house price inflation of 44.4%, between October 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 44.4% inflationary increase is applied to the most recent sale price for 38 SURIG ROAD of £175,000 on 23rd October 2015. For the value to have increased from £175,000 to £252,695 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 38 SURIG ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The October 2015 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SURIG ROAD has not materially changed since October 2015.

How Large is 38 SURIG ROAD?

38 SURIG ROAD is 37m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 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 38 SURIG ROAD lies on this distribution: 3% of detached houses houses are smaller than 38 SURIG ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

38 SURIG ROAD: Plot and Title Map

38 SURIG ROAD sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 38 SURIG 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 38 SURIG 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 38 SURIG ROAD?

38 SURIG ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 38 on SURIG ROAD.