4, ASHLEIGH CLOSE, CANVEY ISLAND, SS8 9NU - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 ASHLEIGH CLOSE is a small detached house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £310,539. It was last sold for £295,000 in August 2021, which was around 33% below the average August 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

4 ASHLEIGH CLOSE Sold Prices

Land registry data shows two sales for 4 ASHLEIGH CLOSE 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 4 ASHLEIGH CLOSE 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
2021 20 AUG	£295,000	£440,227	33% below HPI
1999 14 DEC	£89,995	£113,599	21% below HPI

4 ASHLEIGH 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 two 4 ASHLEIGH CLOSE sales from December 1999 and August 2021 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 ASHLEIGH CLOSE be worth now?

4 ASHLEIGH CLOSE might now be worth an estimated £310,539.

This is based on house price inflation of 5.3%, between August 2021 and February 2025, 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 5.3% inflationary increase is applied to the most recent sale price for 4 ASHLEIGH CLOSE of £295,000 on 20th August 2021. For the value to have increased from £295,000 to £310,539 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 4 ASHLEIGH CLOSE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The August 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ASHLEIGH CLOSE has not materially changed since August 2021.

How Large is 4 ASHLEIGH CLOSE?

4 ASHLEIGH CLOSE is 59m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% 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 4 ASHLEIGH CLOSE lies on this distribution: 28% of detached houses houses are smaller than 4 ASHLEIGH CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

4 ASHLEIGH CLOSE: Plot and Title Map

4 ASHLEIGH CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 4 ASHLEIGH 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 4 ASHLEIGH 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 4 ASHLEIGH CLOSE?

4 ASHLEIGH CLOSE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 4 on ASHLEIGH CLOSE.