4, MAGNOLIA CLOSE, CANVEY ISLAND, SS8 0GD - £364,995

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

4 MAGNOLIA CLOSE is a very large detached house of 150m², built sometime between 2003 and 2006, which could now be worth an estimated £499,155. It was last sold for £364,995 in December 2015, which was around 8% above the average December 2015 detached price in the Castle Point local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was C.

4 MAGNOLIA CLOSE Sold Prices

Land registry data shows three sales for 4 MAGNOLIA CLOSE 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 4 MAGNOLIA CLOSE 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
2015 11 DEC	£364,995	£338,862	8% above HPI
2006 12 OCT	£295,000	£245,647	20% above HPI
2002 15 NOV	£359,900	£193,432	86% above HPI

4 MAGNOLIA 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 three 4 MAGNOLIA CLOSE sales between November 2002 and December 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 October 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 4 MAGNOLIA CLOSE be worth now?

4 MAGNOLIA CLOSE might now be worth an estimated £499,155.

This is based on house price inflation of 36.8%, between December 2015 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 36.8% inflationary increase is applied to the most recent sale price for 4 MAGNOLIA CLOSE of £364,995 on 11th December 2015. For the value to have increased from £364,995 to £499,155 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 MAGNOLIA CLOSE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The December 2015 sale price of £364,995 represented a fair market value for the property.
• The size, condition, and specification of 4 MAGNOLIA CLOSE has not materially changed since December 2015.

How Large is 4 MAGNOLIA CLOSE?

4 MAGNOLIA CLOSE is 150m² according to the EPC inspection conducted in September 2015. This puts it in the largest 20% 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 MAGNOLIA CLOSE lies on this distribution: 89% of detached houses houses are smaller than 4 MAGNOLIA CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

4 MAGNOLIA CLOSE: Plot and Title Map

4 MAGNOLIA CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 4 MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA CLOSE?

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