OASIS, MITCHELLS WALK, CANVEY ISLAND, SS8 8JD - £149,995

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OASIS is a small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £149,995 in February 2014, which was around 44% below the average February 2014 detached price in the Castle Point local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

OASIS Sold Prices

Land registry data shows four sales for OASIS 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 OASIS 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
2014 21 FEB	£149,995	£266,800	44% below HPI
2005 25 JAN	£130,000	£245,138	47% below HPI
1998 27 NOV	£49,995	£98,932	49% below HPI
1997 30 APR	£33,000	£80,174	59% below HPI

OASIS 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 OASIS sales between April 1997 and February 2014 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 January 2005 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2014 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is OASIS?

OASIS is 63m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% 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 OASIS lies on this distribution: 31% of detached houses are smaller than OASIS, and 68% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

OASIS: Plot and Title Map

OASIS sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of OASIS, 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 OASIS). 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 OASIS?

OASIS is located on MITCHELLS WALK in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of OASIS on MITCHELLS WALK.