5A, GIFHORN ROAD, CANVEY ISLAND, SS8 8LA - £280,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

5A GIFHORN ROAD is a small detached house of 73m², built sometime between 2003 and 2006. It was last sold for £280,000 in April 2022, which was around 42% below the average April 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

5A GIFHORN ROAD Sold Prices

Land registry data shows three sales for 5A GIFHORN ROAD 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 5A GIFHORN 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
2022 7 APR	£280,000	£485,018	42% below HPI
2005 24 MAY	£175,000	£242,030	28% below HPI
2003 19 MAY	£115,000	£217,392	47% below HPI

5A GIFHORN 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 three 5A GIFHORN ROAD sales between May 2003 and April 2022 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 May 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 5A GIFHORN ROAD?

5A GIFHORN ROAD is 73m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% 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 5A GIFHORN ROAD lies on this distribution: 38% of detached houses are smaller than 5A GIFHORN ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

5A GIFHORN ROAD: Plot and Title Map

5A GIFHORN ROAD sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 5A GIFHORN 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 5A GIFHORN 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 5A GIFHORN ROAD?

5A GIFHORN ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 5A on GIFHORN ROAD.