16, RAYMENT AVENUE, CANVEY ISLAND, SS8 7JU - £225,000

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.

16 RAYMENT AVENUE is a very small semi-detached house of 44m², built sometime between 1991 and 1995, which could now be worth an estimated £261,729. It was last sold for £225,000 in September 2019, which was around 23% below the average September 2019 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

16 RAYMENT AVENUE Sold Prices

Land registry data shows three sales for 16 RAYMENT AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. All of the three 16 RAYMENT 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 9 SEP	£225,000	£291,941	23% below HPI
2002 17 MAY	£81,000	£114,781	29% below HPI
1998 4 SEP	£52,500	£65,998	20% below HPI

16 RAYMENT AVENUE 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 three 16 RAYMENT AVENUE sales between September 1998 and September 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 May 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 16 RAYMENT AVENUE be worth now?

16 RAYMENT AVENUE might now be worth an estimated £261,729.

This is based on house price inflation of 16.3%, between September 2019 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 16.3% inflationary increase is applied to the most recent sale price for 16 RAYMENT AVENUE of £225,000 on 9th September 2019. For the value to have increased from £225,000 to £261,729 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 RAYMENT AVENUE has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The September 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RAYMENT AVENUE has not materially changed since September 2019.

How Large is 16 RAYMENT AVENUE?

16 RAYMENT AVENUE is 44m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% 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 16 RAYMENT AVENUE lies on this distribution: 10% of semi-detached houses houses are smaller than 16 RAYMENT AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

16 RAYMENT AVENUE: Plot and Title Map

16 RAYMENT AVENUE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 16 RAYMENT 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 RAYMENT 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 RAYMENT AVENUE?

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