59, THE PARKWAY, CANVEY ISLAND, SS8 0AE - £355,000

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

59 THE PARKWAY is a midsized detached house of 94m², built sometime between 1950 and 1966. It was last sold for £355,000 in October 2020, which was around 16% below the average October 2020 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

59 THE PARKWAY Sold Prices

Land registry data shows three sales for 59 THE PARKWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the three 59 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
2020 28 OCT	£355,000	£420,520	16% below HPI
2005 14 OCT	£210,000	£232,941	10% below HPI
1996 29 NOV	£68,000	£80,432	15% below HPI

59 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 three 59 THE PARKWAY sales between November 1996 and October 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 October 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 59 THE PARKWAY?

59 THE PARKWAY is 94m² according to the EPC inspection conducted in August 2019. This puts it in the largest 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 59 THE PARKWAY lies on this distribution: 55% of detached houses are smaller than 59 THE PARKWAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

59 THE PARKWAY: Plot and Title Map

59 THE PARKWAY sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 59 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 59 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 59 THE PARKWAY?

59 THE PARKWAY is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 59 on THE PARKWAY.