2, BORRETT AVENUE, CANVEY ISLAND, SS8 9EB - £232,000

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.

2 BORRETT AVENUE is a small detached house of 53m², built sometime between 1967 and 1975, which could now be worth an estimated £275,949. It was last sold for £232,000 in February 2018, which was around 40% below the average February 2018 detached price in the Castle Point local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

2 BORRETT AVENUE Sold Prices

Land registry data shows four sales for 2 BORRETT 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 2 BORRETT 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
2018 13 FEB	£232,000	£389,610	40% below HPI
2014 29 AUG	£170,000	£287,407	41% below HPI
2001 26 OCT	£86,995	£150,518	42% below HPI
2000 31 AUG	£73,000	£130,465	44% below HPI

2 BORRETT 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 2 BORRETT AVENUE sales between August 2000 and February 2018 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 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2018 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 BORRETT AVENUE be worth now?

2 BORRETT AVENUE might now be worth an estimated £275,949.

This is based on house price inflation of 18.9%, between February 2018 and February 2025, for 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 18.9% inflationary increase is applied to the most recent sale price for 2 BORRETT AVENUE of £232,000 on 13th February 2018. For the value to have increased from £232,000 to £275,949 over the seven years to February 2025, the following assumptions must hold true:

• The value of 2 BORRETT AVENUE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The February 2018 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BORRETT AVENUE has not materially changed since February 2018.

How Large is 2 BORRETT AVENUE?

2 BORRETT AVENUE is 53m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses houses by size in Canvey Island, and where 2 BORRETT AVENUE lies on this distribution: 21% of detached houses houses are smaller than 2 BORRETT AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

2 BORRETT AVENUE: Plot and Title Map

2 BORRETT AVENUE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 2 BORRETT 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 2 BORRETT 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 2 BORRETT AVENUE?

2 BORRETT AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 2 on BORRETT AVENUE.