52, WEEL ROAD, CANVEY ISLAND, SS8 7NW - £283,000

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

52 WEEL ROAD is a large extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £283,000 in November 2020, which was around 33% below the average November 2020 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2016, where the current energy rating was F, and the potential energy rating was C.

52 WEEL ROAD Sold Prices

Land registry data shows two sales for 52 WEEL 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 52 WEEL 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 24 NOV	£283,000	£422,853	33% below HPI
2016 3 JUN	£230,000	£354,253	35% below HPI

52 WEEL 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 52 WEEL ROAD sales from June 2016 and November 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 June 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 52 WEEL ROAD?

52 WEEL ROAD is 126m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 30% 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 52 WEEL ROAD lies on this distribution: 78% of detached houses are smaller than 52 WEEL ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

52 WEEL ROAD: Plot and Title Map

52 WEEL ROAD sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 52 WEEL 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 52 WEEL 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 52 WEEL ROAD?

52 WEEL ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 52 on WEEL ROAD.