5, PARK ROAD, CANVEY ISLAND, SS8 7PT - £325,000

5 PARK ROAD is a midsized detached house of 75m², built sometime between 1950 and 1966. It was last sold for £325,000 in June 2017, which was around 18% below the average June 2017 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

5 PARK ROAD Sold Prices

Land registry data shows three sales for 5 PARK 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 5 PARK 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
2017 5 JUN	£325,000	£394,346	18% below HPI
2007 29 NOV	£200,000	£275,648	27% below HPI
1999 15 JAN	£76,000	£95,872	21% below HPI

5 PARK 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 5 PARK ROAD sales between January 1999 and June 2017 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 November 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 PARK ROAD?

5 PARK ROAD is 75m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% 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 5 PARK ROAD lies on this distribution: 40% of detached houses are smaller than 5 PARK ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

5 PARK ROAD: Plot and Title Map

5 PARK ROAD sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 5 PARK 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 5 PARK 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 5 PARK ROAD?

5 PARK ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 5 on PARK ROAD.