5B, HAYES LANE, CANVEY ISLAND, SS8 0ES - £285,000

5B HAYES LANE is a midsized extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £285,000 in January 2020, which was around 30% below the average January 2020 detached price in the Castle Point local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

5B HAYES LANE Sold Prices

Land registry data shows four sales for 5B HAYES LANE 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 5B HAYES LANE 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
2020 31 JAN	£285,000	£404,970	30% below HPI
2014 23 MAY	£215,000	£278,546	23% below HPI
2012 31 AUG	£205,000	£257,881	21% below HPI
1996 19 JUL	£63,000	£81,137	22% below HPI

5B HAYES LANE 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 5B HAYES LANE sales between July 1996 and January 2020 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 May 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5B HAYES LANE?

5B HAYES LANE is 83m², which includes one extension, according to the EPC inspection conducted in April 2012. 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 5B HAYES LANE lies on this distribution: 47% of detached houses are smaller than 5B HAYES LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

5B HAYES LANE: Plot and Title Map

5B HAYES LANE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 5B HAYES LANE, 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 5B HAYES LANE). 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 5B HAYES LANE?

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