22, MARGRATEN AVENUE, CANVEY ISLAND, SS8 7JE - £400,000

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

22 MARGRATEN AVENUE is a very large extended detached house of 156m², built sometime between 1976 and 1982. It was last sold for £400,000 in May 2020, which was around 2% below the average May 2020 detached price in the Castle Point local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

22 MARGRATEN AVENUE Sold Prices

Land registry data shows five sales for 22 MARGRATEN AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Most of the five 22 MARGRATEN 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
2020 15 MAY	£400,000	£407,029	2% below HPI
2015 27 NOV	£300,000	£342,725	12% below HPI
2009 18 DEC	£243,000	£249,590	3% below HPI
2004 26 MAR	£265,000	£228,928	16% above HPI
1998 26 JUN	£101,999	£97,621	4% above HPI

22 MARGRATEN 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 five 22 MARGRATEN AVENUE sales between June 1998 and May 2020 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 November 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 22 MARGRATEN AVENUE?

22 MARGRATEN AVENUE is 156m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% 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 MARGRATEN AVENUE lies on this distribution: 90% of detached houses are smaller than 22 MARGRATEN AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

22 MARGRATEN AVENUE: Plot and Title Map

22 MARGRATEN AVENUE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 22 MARGRATEN 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 MARGRATEN 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 MARGRATEN AVENUE?

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