40, WEEL ROAD, CANVEY ISLAND, SS8 7NW - £191,000

40 WEEL ROAD is a small detached house of 56m², built sometime between 1930 and 1949. It was last sold for £191,000 in May 2013, which was around 27% below the average May 2013 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

40 WEEL ROAD Sold Prices

Land registry data shows three sales for 40 WEEL ROAD 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 40 WEEL ROAD 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
2013 24 MAY	£191,000	£262,581	27% below HPI
2009 27 APR	£196,000	£228,195	14% below HPI
1996 12 JUL	£47,000	£81,137	42% below HPI

40 WEEL ROAD 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 40 WEEL ROAD sales between July 1996 and May 2013 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 April 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2013 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 40 WEEL ROAD?

40 WEEL ROAD is 56m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% 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 40 WEEL ROAD lies on this distribution: 25% of detached houses are smaller than 40 WEEL ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

40 WEEL ROAD: Plot and Title Map

40 WEEL ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 40 WEEL ROAD, 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 40 WEEL ROAD). 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 40 WEEL ROAD?

40 WEEL ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 40 on WEEL ROAD.