50, MEADWAY, CANVEY ISLAND, SS8 7DJ - £325,000

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.

50 MEADWAY is a midsized extended semi-detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £408,391. It was last sold for £325,000 in February 2017, which was around 20% above the average February 2017 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

50 MEADWAY Sold Prices

Land registry data shows four sales for 50 MEADWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. All of the four 50 MEADWAY 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
2017 17 FEB	£325,000	£270,253	20% above HPI
2012 12 DEC	£190,000	£183,086	4% above HPI
2006 6 FEB	£178,000	£172,867	3% above HPI
2001 4 JUN	£102,000	£95,024	7% above HPI

50 MEADWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Castle Point local authority area over time, sourced from the HPI. The four 50 MEADWAY sales between June 2001 and February 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 December 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2017 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 50 MEADWAY be worth now?

50 MEADWAY might now be worth an estimated £408,391.

This is based on house price inflation of 25.7%, between February 2017 and February 2025, for semi-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 25.7% inflationary increase is applied to the most recent sale price for 50 MEADWAY of £325,000 on 17th February 2017. For the value to have increased from £325,000 to £408,391 over the eight years to February 2025, the following assumptions must hold true:

• The value of 50 MEADWAY has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The February 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 50 MEADWAY has not materially changed since February 2017.

How Large is 50 MEADWAY?

50 MEADWAY is 88m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 50% of semi-detached houses houses in Canvey Island, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Canvey Island, and where 50 MEADWAY lies on this distribution: 50% of semi-detached houses houses are smaller than 50 MEADWAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

50 MEADWAY: Plot and Title Map

50 MEADWAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 50 MEADWAY, 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 50 MEADWAY). 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 50 MEADWAY?

50 MEADWAY is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 50 on MEADWAY.