5, ZEALAND DRIVE, CANVEY ISLAND, SS8 8NW - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 ZEALAND DRIVE is a very small detached house of 46m², built sometime between 1976 and 1982. It was last sold for £240,000 in July 2018, which was around 42% below the average July 2018 detached price in the Castle Point local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

5 ZEALAND DRIVE Sold Prices

Land registry data shows four sales for 5 ZEALAND DRIVE 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 5 ZEALAND DRIVE 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 24 JUL	£240,000	£412,192	42% below HPI
2013 26 APR	£160,000	£258,785	38% below HPI
2001 30 AUG	£85,000	£151,322	44% below HPI
1997 22 DEC	£59,500	£93,626	36% below HPI

5 ZEALAND DRIVE 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 5 ZEALAND DRIVE sales between December 1997 and July 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 April 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 5 ZEALAND DRIVE?

5 ZEALAND DRIVE is 46m² according to the EPC inspection conducted in March 2013. 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 5 ZEALAND DRIVE lies on this distribution: 13% of detached houses are smaller than 5 ZEALAND DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

5 ZEALAND DRIVE: Plot and Title Map

5 ZEALAND DRIVE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 5 ZEALAND DRIVE, 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 ZEALAND DRIVE). 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 ZEALAND DRIVE?

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