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
62 VAAGEN ROAD is a small extended detached house of 63m², built sometime between 1950 and 1966. It was last sold for £175,000 in May 2014, which was around 37% below the average May 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 C.
Land registry data shows three sales for 62 VAAGEN ROAD since 1st 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 62 VAAGEN 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 |
---|---|---|---|
2014 20 MAY | £175,000 | £278,546 | 37% below HPI |
2006 10 NOV | £164,000 | £253,624 | 35% below HPI |
1999 1 OCT | £79,000 | £110,791 | 29% below HPI |
The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The three 62 VAAGEN ROAD sales between October 1999 and May 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 November 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
62 VAAGEN ROAD is 63m², which includes two extensions, according to the EPC inspection conducted in March 2011. 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 62 VAAGEN ROAD lies on this distribution: 32% of detached houses are smaller than 62 VAAGEN ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.
62 VAAGEN ROAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 62 VAAGEN 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 62 VAAGEN 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.
62 VAAGEN ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 62 on VAAGEN ROAD.