9, LOVENS CLOSE, CANVEY ISLAND, SS8 7DS - £277,500

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.

9 LOVENS CLOSE is a very small detached house of 47m², built sometime between 1967 and 1975, which could now be worth an estimated £262,714. It was last sold for £277,500 in December 2022, which was around 43% below the average December 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

9 LOVENS CLOSE Sold Prices

Land registry data shows four sales for 9 LOVENS CLOSE 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 9 LOVENS CLOSE 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 13 DEC	£277,500	£489,497	43% below HPI
2011 11 AUG	£139,000	£249,735	44% below HPI
2001 26 FEB	£85,000	£137,030	38% below HPI
1996 17 APR	£43,000	£76,172	44% below HPI

9 LOVENS CLOSE 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 9 LOVENS CLOSE sales between April 1996 and December 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 August 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2022 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 9 LOVENS CLOSE be worth now?

9 LOVENS CLOSE might now be worth an estimated £262,714.

This is based on house price deflation of 5.3%, between December 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 5.3% deflationary decrease is applied to the most recent sale price for 9 LOVENS CLOSE of £277,500 on 13th December 2022. For the value to have decreased from £277,500 to £262,714 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 9 LOVENS CLOSE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The December 2022 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 9 LOVENS CLOSE has not materially changed since December 2022.

How Large is 9 LOVENS CLOSE?

9 LOVENS CLOSE is 47m² according to the EPC inspection conducted in August 2022. 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 9 LOVENS CLOSE lies on this distribution: 14% of detached houses houses are smaller than 9 LOVENS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

9 LOVENS CLOSE: Plot and Title Map

9 LOVENS CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 9 LOVENS CLOSE, 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 LOVENS CLOSE). 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 LOVENS CLOSE?

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