22, LILAC AVENUE, CANVEY ISLAND, SS8 8BH - £159,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

22 LILAC AVENUE is a very small semi-detached house of 50m², built sometime between 1976 and 1982. It was last sold for £159,000 in January 2016, which was around 54% below the average January 2016 detached price in the Castle Point local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

22 LILAC AVENUE Sold Prices

Land registry data shows three sales for 22 LILAC 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. All of the three 22 LILAC 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
2016 29 JAN	£159,000	£346,392	54% below HPI
2012 16 JUL	£127,000	£258,962	51% below HPI
1997 31 JAN	£35,000	£82,651	58% below HPI

22 LILAC 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 22 LILAC AVENUE sales between January 1997 and January 2016 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 July 2012 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the January 2016 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 22 LILAC AVENUE?

22 LILAC AVENUE is 50m² according to the EPC inspection conducted in November 2011. 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 22 LILAC AVENUE lies on this distribution: 18% of detached houses are smaller than 22 LILAC AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

22 LILAC AVENUE: Plot and Title Map

22 LILAC AVENUE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 22 LILAC 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 22 LILAC 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 22 LILAC AVENUE?

22 LILAC AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 22 on LILAC AVENUE.