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

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

53 THE PARKWAY is a small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £230,000 in July 2014, which was around 20% 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	£286,427	20% below HPI
2011 15 JUL	£194,500	£252,702	23% below HPI
2001 26 APR	£96,000	£136,964	30% below HPI
1999 30 SEP	£75,000	£110,021	32% below HPI
1996 15 NOV	£60,000	£80,432	25% below HPI
1996 22 MAY	£46,000	£78,462	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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses by size in Canvey Island, and where 53 THE PARKWAY lies on this distribution: 26% of detached 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.