1, MARINE AVENUE, CANVEY ISLAND, SS8 7NJ - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MARINE AVENUE is a very large extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £350,000 in October 2022, which was around 30% below the average October 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

1 MARINE AVENUE Sold Prices

Land registry data shows two sales for 1 MARINE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Both of the two 1 MARINE AVENUE 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
2022 6 OCT	£350,000	£500,833	30% below HPI
2000 31 AUG	£114,000	£132,295	14% below HPI

1 MARINE AVENUE 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 two 1 MARINE AVENUE sales from August 2000 and October 2022 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 August 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 MARINE AVENUE?

1 MARINE AVENUE is 131m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% 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 1 MARINE AVENUE lies on this distribution: 80% of detached houses are smaller than 1 MARINE AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

1 MARINE AVENUE: Plot and Title Map

1 MARINE AVENUE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 1 MARINE AVENUE, 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 1 MARINE AVENUE). 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 1 MARINE AVENUE?

1 MARINE AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 1 on MARINE AVENUE.