46, THE PARKWAY, CANVEY ISLAND, SS8 0AQ - £420,000

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.

46 THE PARKWAY is a midsized extended detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £394,072. It was last sold for £420,000 in October 2022, which was around 15% below the average October 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

46 THE PARKWAY Sold Prices

Land registry data shows two sales for 46 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 46 THE PARKWAY 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
2022 6 OCT	£420,000	£493,906	15% below HPI
2010 1 OCT	£199,000	£262,020	24% below HPI

46 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 46 THE PARKWAY sales from October 2010 and October 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 October 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 46 THE PARKWAY be worth now?

46 THE PARKWAY might now be worth an estimated £394,072.

This is based on house price deflation of 6.2%, between October 2022 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 6.2% deflationary decrease is applied to the most recent sale price for 46 THE PARKWAY of £420,000 on 6th October 2022. For the value to have decreased from £420,000 to £394,072 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 46 THE PARKWAY has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The October 2022 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 46 THE PARKWAY has not materially changed since October 2022.

How Large is 46 THE PARKWAY?

46 THE PARKWAY is 98m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% 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 46 THE PARKWAY lies on this distribution: 58% of detached houses houses are smaller than 46 THE PARKWAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

46 THE PARKWAY: Plot and Title Map

46 THE PARKWAY sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 46 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 46 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 46 THE PARKWAY?

46 THE PARKWAY is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 46 on THE PARKWAY.