9, LETZEN ROAD, CANVEY ISLAND, SS8 9AW - £288,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

9 LETZEN ROAD is a very small extended detached house of 45m², built sometime between 1976 and 1982. It was last sold for £288,000 in October 2023, which was around 42% below the average October 2023 detached price in the Castle Point local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

9 LETZEN ROAD Sold Prices

Land registry data shows three sales for 9 LETZEN 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. All of the three 9 LETZEN 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
2023 9 OCT	£288,000	£494,054	42% below HPI
2018 15 JUN	£242,000	£400,785	40% below HPI
2001 8 AUG	£69,000	£151,322	54% below HPI

9 LETZEN 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 9 LETZEN ROAD sales between August 2001 and October 2023 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 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 9 LETZEN ROAD?

9 LETZEN ROAD is 45m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% 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 9 LETZEN ROAD lies on this distribution: 12% of detached houses are smaller than 9 LETZEN ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

9 LETZEN ROAD: Plot and Title Map

9 LETZEN ROAD sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 9 LETZEN 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 9 LETZEN 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 9 LETZEN ROAD?

9 LETZEN ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 9 on LETZEN ROAD.