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

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.

5A GIFHORN ROAD is a small detached house of 73m², built sometime between 2003 and 2006, which could now be worth an estimated £270,929. 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	£478,931	42% below HPI
2005 24 MAY	£175,000	£238,682	27% below HPI
2003 19 MAY	£115,000	£214,385	46% 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 27% below the HPI. So the extrapolation line tracks at 27% 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.

What might 5A GIFHORN ROAD be worth now?

5A GIFHORN ROAD might now be worth an estimated £270,929.

This is based on house price deflation of 3.2%, between April 2022 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 3.2% deflationary decrease is applied to the most recent sale price for 5A GIFHORN ROAD of £280,000 on 7th April 2022. For the value to have decreased from £280,000 to £270,929 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 5A GIFHORN ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The April 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 5A GIFHORN ROAD has not materially changed since April 2022.

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 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 5A GIFHORN ROAD lies on this distribution: 38% of detached houses 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.