16, LILAC AVENUE, CANVEY ISLAND, SS8 8BH - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 LILAC AVENUE is a very small detached house of 48m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2019, which was around 38% below the average June 2019 detached price in the Castle Point local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was B.

16 LILAC AVENUE Sold Prices

Land registry data shows four sales for 16 LILAC AVENUE 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 16 LILAC 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
2019 28 JUN	£250,000	£403,873	38% below HPI
2017 20 JUN	£232,500	£394,346	41% below HPI
2015 9 APR	£200,000	£302,785	34% below HPI
2004 30 JUL	£140,750	£235,486	40% below HPI

16 LILAC 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 four 16 LILAC AVENUE sales between July 2004 and June 2019 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 June 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2019 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 16 LILAC AVENUE?

16 LILAC AVENUE is 48m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 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 16 LILAC AVENUE lies on this distribution: 15% of detached houses are smaller than 16 LILAC AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

16 LILAC AVENUE: Plot and Title Map

16 LILAC AVENUE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 16 LILAC 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 16 LILAC 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 16 LILAC AVENUE?

16 LILAC AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 16 on LILAC AVENUE.