2, MAY AVENUE, CANVEY ISLAND, SS8 7EE - £440,000

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

2 MAY AVENUE is a large detached house of 111m², built sometime between 1991 and 1995. It was last sold for £440,000 in April 2022, which was around 9% below the average April 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

2 MAY AVENUE Sold Prices

Land registry data shows three sales for 2 MAY AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Two of the three 2 MAY AVENUE sales were for below the average price, whilst one was for above 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 4 APR	£440,000	£485,648	9% below HPI
2005 24 JAN	£215,000	£245,138	12% below HPI
1999 4 JUN	£118,000	£106,880	10% above HPI

2 MAY 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 three 2 MAY AVENUE sales between June 1999 and April 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 January 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 MAY AVENUE?

2 MAY AVENUE is 111m² according to the EPC inspection conducted in November 2020. This puts it in the largest 40% 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 2 MAY AVENUE lies on this distribution: 68% of detached houses are smaller than 2 MAY AVENUE, and 32% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

2 MAY AVENUE: Plot and Title Map

2 MAY AVENUE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 2 MAY 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 MAY 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 MAY AVENUE?

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