7, GRASMERE ROAD, CANVEY ISLAND, SS8 0HF - £357,500

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.

7 GRASMERE ROAD is a large detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £417,624. It was last sold for £357,500 in February 2019, which was around 10% below the average February 2019 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

7 GRASMERE ROAD Sold Prices

Land registry data shows three sales for 7 GRASMERE 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. Two of the three 7 GRASMERE ROAD sales were for below the average price, whilst one was for above 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
2019 19 FEB	£357,500	£396,699	10% below HPI
2013 14 JUN	£228,500	£258,812	12% below HPI
1996 29 NOV	£79,950	£79,320	1% above HPI

7 GRASMERE 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 7 GRASMERE ROAD sales between November 1996 and February 2019 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 June 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 7 GRASMERE ROAD be worth now?

7 GRASMERE ROAD might now be worth an estimated £417,624.

This is based on house price inflation of 16.8%, between February 2019 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 16.8% inflationary increase is applied to the most recent sale price for 7 GRASMERE ROAD of £357,500 on 19th February 2019. For the value to have increased from £357,500 to £417,624 over the six years to February 2025, the following assumptions must hold true:

• The value of 7 GRASMERE ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The February 2019 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 7 GRASMERE ROAD has not materially changed since February 2019.

How Large is 7 GRASMERE ROAD?

7 GRASMERE ROAD is 102m² according to the EPC inspection conducted in January 2013. This puts it in the largest 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 7 GRASMERE ROAD lies on this distribution: 61% of detached houses houses are smaller than 7 GRASMERE ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

7 GRASMERE ROAD: Plot and Title Map

7 GRASMERE ROAD sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 7 GRASMERE 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 7 GRASMERE 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 7 GRASMERE ROAD?

7 GRASMERE ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 7 on GRASMERE ROAD.