3, THE DRIVEWAY, CANVEY ISLAND, SS8 0AB - £320,000

3 THE DRIVEWAY is a small extended detached house of 71m², built sometime between 1930 and 1949. It was last sold for £320,000 in September 2019, which was around 22% below the average September 2019 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

3 THE DRIVEWAY Sold Prices

Land registry data shows three sales for 3 THE DRIVEWAY 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 3 THE DRIVEWAY 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
2019 6 SEP	£320,000	£411,837	22% below HPI
2014 25 JUL	£237,500	£286,427	17% below HPI
2008 27 JUN	£220,000	£272,365	19% below HPI

3 THE DRIVEWAY 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 3 THE DRIVEWAY sales between June 2008 and September 2019 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 July 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 THE DRIVEWAY?

3 THE DRIVEWAY is 71m², which includes one extension, according to the EPC inspection conducted in October 2013. 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 3 THE DRIVEWAY lies on this distribution: 37% of detached houses are smaller than 3 THE DRIVEWAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

3 THE DRIVEWAY: Plot and Title Map

3 THE DRIVEWAY sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 3 THE DRIVEWAY, 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 3 THE DRIVEWAY). 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 3 THE DRIVEWAY?

3 THE DRIVEWAY is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 3 on THE DRIVEWAY.