7, NEW ROAD, CANVEY ISLAND, SS8 9JS - £210,000

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.

7 NEW ROAD is a small detached house of 59m², built sometime between 1930 and 1949, which could now be worth an estimated £241,457. It was last sold for £210,000 in May 2019, which was around 48% below the average May 2019 detached price in the Castle Point local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

7 NEW ROAD Sold Prices

Land registry data shows two sales for 7 NEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Both of the two 7 NEW 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
2019 22 MAY	£210,000	£403,042	48% below HPI
2006 18 JUL	£44,641	£243,462	82% below HPI

7 NEW 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 two 7 NEW ROAD sales from July 2006 and May 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 July 2006 sale was for 82% below the HPI. So the extrapolation line tracks at 82% below the HPI over time, until the May 2019 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 7 NEW ROAD be worth now?

7 NEW ROAD might now be worth an estimated £241,457.

This is based on house price inflation of 15%, between May 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 15% inflationary increase is applied to the most recent sale price for 7 NEW ROAD of £210,000 on 22nd May 2019. For the value to have increased from £210,000 to £241,457 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 7 NEW ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The May 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NEW ROAD has not materially changed since May 2019.

How Large is 7 NEW ROAD?

7 NEW ROAD is 59m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% 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 NEW ROAD lies on this distribution: 28% of detached houses houses are smaller than 7 NEW ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

7 NEW ROAD: Plot and Title Map

7 NEW ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 7 NEW 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 NEW 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 NEW ROAD?

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