7, SUMMERLANDS, CANVEY ISLAND, SS8 9QU - £450,000

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 SUMMERLANDS is a very large detached house of 138m², built sometime between 1991 and 1995, which could now be worth an estimated £494,410. It was last sold for £450,000 in May 2021, which was around 7% above the average May 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was C.

7 SUMMERLANDS Sold Prices

Land registry data shows five sales for 7 SUMMERLANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the five 7 SUMMERLANDS sales were 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
2021 28 MAY	£450,000	£421,790	7% above HPI
2018 29 OCT	£413,750	£401,827	3% above HPI
2014 25 APR	£322,500	£267,945	20% above HPI
2007 20 DEC	£300,000	£274,601	9% above HPI
2000 23 JUN	£165,000	£126,506	30% above HPI

7 SUMMERLANDS 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 five 7 SUMMERLANDS sales between June 2000 and May 2021 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 October 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 7 SUMMERLANDS be worth now?

7 SUMMERLANDS might now be worth an estimated £494,410.

This is based on house price inflation of 9.9%, between May 2021 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 9.9% inflationary increase is applied to the most recent sale price for 7 SUMMERLANDS of £450,000 on 28th May 2021. For the value to have increased from £450,000 to £494,410 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 7 SUMMERLANDS has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The May 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SUMMERLANDS has not materially changed since May 2021.

How Large is 7 SUMMERLANDS?

7 SUMMERLANDS is 138m² according to the EPC inspection conducted in February 2021. This puts it in the largest 20% 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 SUMMERLANDS lies on this distribution: 84% of detached houses houses are smaller than 7 SUMMERLANDS, and 15% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

7 SUMMERLANDS: Plot and Title Map

7 SUMMERLANDS sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 7 SUMMERLANDS, 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 SUMMERLANDS). 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 SUMMERLANDS?

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