8, CARO ROAD, CANVEY ISLAND, SS8 7EG - £312,500

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.

8 CARO ROAD is a very small detached house of 46m², built sometime between 1967 and 1975, which could now be worth an estimated £293,209. It was last sold for £312,500 in October 2022, which was around 37% below the average October 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

8 CARO ROAD Sold Prices

Land registry data shows four sales for 8 CARO ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the four 8 CARO 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
2022 4 OCT	£312,500	£493,906	37% below HPI
2016 1 JUL	£195,000	£357,051	45% below HPI
2004 31 MAR	£150,000	£225,762	34% below HPI
2003 9 JUN	£140,000	£214,361	35% below HPI

8 CARO 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 four 8 CARO ROAD sales between June 2003 and October 2022 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 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 8 CARO ROAD be worth now?

8 CARO ROAD might now be worth an estimated £293,209.

This is based on house price deflation of 6.2%, between October 2022 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 6.2% deflationary decrease is applied to the most recent sale price for 8 CARO ROAD of £312,500 on 4th October 2022. For the value to have decreased from £312,500 to £293,209 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 CARO ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The October 2022 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CARO ROAD has not materially changed since October 2022.

How Large is 8 CARO ROAD?

8 CARO ROAD is 46m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 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 8 CARO ROAD lies on this distribution: 12% of detached houses houses are smaller than 8 CARO ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

8 CARO ROAD: Plot and Title Map

8 CARO ROAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 8 CARO 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 8 CARO 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 8 CARO ROAD?

8 CARO ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 8 on CARO ROAD.