7, REDWOODS, CANVEY ISLAND, SS8 9LD - £249,995

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

7 REDWOODS is a midsized detached house of 77m², built sometime between 1991 and 1995. It was last sold for £249,995 in July 2015, which was around 22% below the average July 2015 detached price in the Castle Point local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

7 REDWOODS Sold Prices

Land registry data shows three sales for 7 REDWOODS 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 7 REDWOODS 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
2015 23 JUL	£249,995	£318,660	22% below HPI
2013 20 SEP	£205,000	£258,858	21% below HPI
1996 20 DEC	£69,000	£81,642	15% below HPI

7 REDWOODS 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 REDWOODS sales between December 1996 and July 2015 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 September 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 7 REDWOODS?

7 REDWOODS is 77m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% 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 7 REDWOODS lies on this distribution: 42% of detached houses are smaller than 7 REDWOODS, and 57% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

7 REDWOODS: Plot and Title Map

7 REDWOODS sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 7 REDWOODS, 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 REDWOODS). 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 REDWOODS?

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