53, THE PARKWAY, CANVEY ISLAND, SS8 0AE - £230,000

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.

53 THE PARKWAY is a small detached house of 57m², built sometime between 1950 and 1966, which could now be worth an estimated £377,341. It was last sold for £230,000 in July 2014, which was around 19% below the average July 2014 detached price in the Castle Point local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

53 THE PARKWAY Sold Prices

Land registry data shows six sales for 53 THE PARKWAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the six 53 THE PARKWAY 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
2014 10 JUL	£230,000	£282,465	19% below HPI
2011 15 JUL	£194,500	£249,207	22% below HPI
2001 26 APR	£96,000	£135,069	29% below HPI
1999 30 SEP	£75,000	£108,499	31% below HPI
1996 15 NOV	£60,000	£79,320	24% below HPI
1996 22 MAY	£46,000	£77,377	41% below HPI

53 THE PARKWAY 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 six 53 THE PARKWAY sales between May 1996 and July 2014 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 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 53 THE PARKWAY be worth now?

53 THE PARKWAY might now be worth an estimated £377,341.

This is based on house price inflation of 64.1%, between July 2014 and February 2025, for 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 64.1% inflationary increase is applied to the most recent sale price for 53 THE PARKWAY of £230,000 on 10th July 2014. For the value to have increased from £230,000 to £377,341 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 53 THE PARKWAY has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The July 2014 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 53 THE PARKWAY has not materially changed since July 2014.

How Large is 53 THE PARKWAY?

53 THE PARKWAY is 57m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses houses by size in Canvey Island, and where 53 THE PARKWAY lies on this distribution: 26% of detached houses houses are smaller than 53 THE PARKWAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

53 THE PARKWAY: Plot and Title Map

53 THE PARKWAY sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 53 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 53 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 53 THE PARKWAY?

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