1B, METZ AVENUE, CANVEY ISLAND, SS8 9AX - £164,000

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

1B METZ AVENUE is a very small extended detached house of 48m², built sometime between 1967 and 1975. It was last sold for £164,000 in July 2015, which was around 49% below the average July 2015 detached price in the Castle Point local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

1B METZ AVENUE Sold Prices

Land registry data shows four sales for 1B METZ 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 1B METZ 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
2015 17 JUL	£164,000	£318,660	49% below HPI
2005 11 MAR	£153,000	£239,138	36% below HPI
2000 21 JAN	£69,995	£116,109	40% below HPI
1996 30 SEP	£50,000	£80,300	38% below HPI

1B METZ 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 1B METZ AVENUE sales between September 1996 and July 2015 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 March 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2015 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 1B METZ AVENUE?

1B METZ AVENUE is 48m², which includes one extension, according to the EPC inspection conducted in February 2015. 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 1B METZ AVENUE lies on this distribution: 15% of detached houses are smaller than 1B METZ AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

1B METZ AVENUE: Plot and Title Map

1B METZ AVENUE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 1B METZ 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 1B METZ 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 1B METZ AVENUE?

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