5, WESTMAN ROAD, CANVEY ISLAND, SS8 8LZ - £255,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

5 WESTMAN ROAD is a midsized extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £255,000 in May 2018, which was around 37% below the average May 2018 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

5 WESTMAN ROAD Sold Prices

Land registry data shows two sales for 5 WESTMAN ROAD 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 5 WESTMAN 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
2018 25 MAY	£255,000	£401,670	37% below HPI
1996 12 JUL	£47,055	£81,137	42% below HPI

5 WESTMAN 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 two 5 WESTMAN ROAD sales from July 1996 and May 2018 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 July 1996 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 WESTMAN ROAD?

5 WESTMAN ROAD is 76m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% 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 5 WESTMAN ROAD lies on this distribution: 41% of detached houses are smaller than 5 WESTMAN ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

5 WESTMAN ROAD: Plot and Title Map

5 WESTMAN ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 5 WESTMAN 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 5 WESTMAN 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 5 WESTMAN ROAD?

5 WESTMAN ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 5 on WESTMAN ROAD.