20, RAINBOW ROAD, CANVEY ISLAND, SS8 8AE - £192,000

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

20 RAINBOW ROAD is a midsized detached house of 95m², built sometime between 1983 and 1990. It was last sold for £192,000 in October 2010, which was around 28% below the average October 2010 detached price in the Castle Point local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

20 RAINBOW ROAD Sold Prices

Land registry data shows two sales for 20 RAINBOW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Both of the two 20 RAINBOW ROAD 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
2010 20 OCT	£192,000	£265,695	28% below HPI
2001 20 SEP	£98,500	£153,910	36% below HPI

20 RAINBOW ROAD 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 two 20 RAINBOW ROAD sales from September 2001 and October 2010 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 September 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2010 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 20 RAINBOW ROAD?

20 RAINBOW ROAD is 95m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% 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 20 RAINBOW ROAD lies on this distribution: 57% of detached houses are smaller than 20 RAINBOW ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

20 RAINBOW ROAD: Plot and Title Map

20 RAINBOW ROAD sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 20 RAINBOW ROAD, 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 20 RAINBOW ROAD). 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 20 RAINBOW ROAD?

20 RAINBOW ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 20 on RAINBOW ROAD.