9, THE CHERRIES, CANVEY ISLAND, SS8 0BB - £380,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 THE CHERRIES is a midsized detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £396,040. It was last sold for £380,000 in October 2021, which was around 18% below the average October 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

9 THE CHERRIES Sold Prices

Land registry data shows two sales for 9 THE CHERRIES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Both of the two 9 THE CHERRIES 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
2021 15 OCT	£380,000	£461,320	18% below HPI
2006 2 MAY	£237,000	£242,970	2% below HPI

9 THE CHERRIES 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 two 9 THE CHERRIES sales from May 2006 and October 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 May 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 9 THE CHERRIES be worth now?

9 THE CHERRIES might now be worth an estimated £396,040.

This is based on house price inflation of 4.2%, between October 2021 and December 2024, 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 4.2% inflationary increase is applied to the most recent sale price for 9 THE CHERRIES of £380,000 on 15th October 2021. For the value to have increased from £380,000 to £396,040 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 9 THE CHERRIES has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The October 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE CHERRIES has not materially changed since October 2021.

How Large is 9 THE CHERRIES?

9 THE CHERRIES is 86m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% 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 THE CHERRIES lies on this distribution: 48% of detached houses houses are smaller than 9 THE CHERRIES, and 51% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

9 THE CHERRIES: Plot and Title Map

9 THE CHERRIES sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 9 THE CHERRIES, 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 THE CHERRIES). 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 THE CHERRIES?

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