48, PAARL ROAD, CANVEY ISLAND, SS8 9BT - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 PAARL ROAD is a very small detached house of 50m², built sometime between 1983 and 1990. It was last sold for £225,000 in August 2020, which was around 46% below the average August 2020 detached price in the Castle Point local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

48 PAARL ROAD Sold Prices

Land registry data shows four sales for 48 PAARL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the four 48 PAARL 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
2020 27 AUG	£225,000	£412,977	46% below HPI
2011 5 JAN	£136,000	£255,264	47% below HPI
2004 2 JUN	£130,000	£234,874	45% below HPI
1999 10 SEP	£55,000	£110,021	50% below HPI

48 PAARL 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 four 48 PAARL ROAD sales between September 1999 and August 2020 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 January 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2020 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 48 PAARL ROAD?

48 PAARL ROAD is 50m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% 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 48 PAARL ROAD lies on this distribution: 17% of detached houses are smaller than 48 PAARL ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

48 PAARL ROAD: Plot and Title Map

48 PAARL ROAD sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 48 PAARL 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 48 PAARL 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 48 PAARL ROAD?

48 PAARL ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 48 on PAARL ROAD.