MADINGLEY, THORNEY BAY ROAD, CANVEY ISLAND, SS8 0BX - £345,000

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.

MADINGLEY is a very large extended detached house of 161m², built sometime between 1976 and 1982, which could now be worth an estimated £471,810. It was last sold for £345,000 in December 2015, which was around 2% above the average December 2015 detached price in the Castle Point local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

MADINGLEY Sold Prices

Land registry data shows two sales for MADINGLEY 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 MADINGLEY 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
2015 11 DEC	£345,000	£338,862	2% above HPI
2008 1 FEB	£277,500	£271,125	2% above HPI

MADINGLEY 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 MADINGLEY sales from February 2008 and December 2015 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 February 2008 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2015 sale, which was also at 2% above the HPI.

What might MADINGLEY be worth now?

MADINGLEY might now be worth an estimated £471,810.

This is based on house price inflation of 36.8%, between December 2015 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 36.8% inflationary increase is applied to the most recent sale price for MADINGLEY of £345,000 on 11th December 2015. For the value to have increased from £345,000 to £471,810 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of MADINGLEY has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The December 2015 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of MADINGLEY has not materially changed since December 2015.

How Large is MADINGLEY?

MADINGLEY is 161m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 10% 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 MADINGLEY lies on this distribution: 92% of detached houses houses are smaller than MADINGLEY, and 8% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

MADINGLEY: Plot and Title Map

MADINGLEY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of MADINGLEY, 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 MADINGLEY). 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 MADINGLEY?

MADINGLEY is located on THORNEY BAY ROAD in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of MADINGLEY on THORNEY BAY ROAD.