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
25 FAIRLOP AVENUE is a very small detached house of 35m², built sometime between 1976 and 1982. It was last sold for £250,000 in July 2023, which was around 50% below the average July 2023 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was A.
Land registry data shows four sales for 25 FAIRLOP AVENUE since 1st 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 25 FAIRLOP 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 |
---|---|---|---|
2023 4 JUL | £250,000 | £495,287 | 50% below HPI |
2014 19 AUG | £130,000 | £291,438 | 55% below HPI |
2003 11 JUL | £90,000 | £216,737 | 58% below HPI |
1995 29 SEP | £35,000 | £78,865 | 56% below HPI |
The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The four 25 FAIRLOP AVENUE sales between September 1995 and July 2023 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 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the July 2023 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.
25 FAIRLOP AVENUE is 35m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 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 25 FAIRLOP AVENUE lies on this distribution: 1% of detached houses are smaller than 25 FAIRLOP AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.
25 FAIRLOP AVENUE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 25 FAIRLOP 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 25 FAIRLOP 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.
25 FAIRLOP AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 25 on FAIRLOP AVENUE.