53, HOPE ROAD, CANVEY ISLAND, SS8 7LJ - £270,000

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

53 HOPE ROAD is a midsized extended detached house of 86m², built sometime between 1900 and 1929. It was last sold for £270,000 in December 2019, which was around 33% below the average December 2019 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was C.

53 HOPE ROAD Sold Prices

Land registry data shows two sales for 53 HOPE 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 53 HOPE 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
2019 19 DEC	£270,000	£400,797	33% below HPI
2015 29 APR	£150,000	£302,785	50% below HPI

53 HOPE 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 53 HOPE ROAD sales from April 2015 and December 2019 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 2015 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 53 HOPE ROAD?

53 HOPE ROAD is 86m², which includes one extension, according to the EPC inspection conducted in January 2015. 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 53 HOPE ROAD lies on this distribution: 49% of detached houses are smaller than 53 HOPE ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

53 HOPE ROAD: Plot and Title Map

53 HOPE ROAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 53 HOPE 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 53 HOPE 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 53 HOPE ROAD?

53 HOPE ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 53 on HOPE ROAD.