48, THE PARKWAY, CANVEY ISLAND, SS8 0AQ - £357,000

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.

48 THE PARKWAY is a very large semi-detached house of 225m², built sometime from 2007 onwards, which could now be worth an estimated £641,152. It was last sold for £357,000 in April 2010, which was around 90% above the average April 2010 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

48 THE PARKWAY Sold Prices

Land registry data shows three sales for 48 THE PARKWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. Two of the three 48 THE PARKWAY sales were for above the average price, whilst one was 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
2010 30 APR	£357,000	£187,772	90% above HPI
2008 4 JAN	£250,000	£197,666	26% above HPI
2004 22 DEC	£150,000	£173,399	13% below HPI

48 THE PARKWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Castle Point local authority area over time, sourced from the HPI. The three 48 THE PARKWAY sales between December 2004 and April 2010 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 2008 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2010 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might 48 THE PARKWAY be worth now?

48 THE PARKWAY might now be worth an estimated £641,152.

This is based on house price inflation of 79.6%, between April 2010 and March 2025, for semi-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 79.6% inflationary increase is applied to the most recent sale price for 48 THE PARKWAY of £357,000 on 30th April 2010. For the value to have increased from £357,000 to £641,152 over the fifteen years and one month to March 2025, the following assumptions must hold true:

• The value of 48 THE PARKWAY has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The April 2010 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of 48 THE PARKWAY has not materially changed since April 2010.

How Large is 48 THE PARKWAY?

48 THE PARKWAY is 225m² according to the EPC inspection conducted in July 2009. This puts it in the largest 10% of semi-detached houses houses in Canvey Island, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Canvey Island, and where 48 THE PARKWAY lies on this distribution: 98% of semi-detached houses houses are smaller than 48 THE PARKWAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

48 THE PARKWAY: Plot and Title Map

48 THE PARKWAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 48 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 48 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 48 THE PARKWAY?

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