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
2A MAYLAND AVENUE is a very small detached house of 50m², built sometime between 1950 and 1966. It was last sold for £220,000 in August 2016, which was around 40% below the average August 2016 detached price in the Castle Point local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2A MAYLAND AVENUE since 1st 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 2A MAYLAND 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 5 AUG | £220,000 | £369,519 | 40% below HPI |
2003 14 FEB | £139,000 | £207,500 | 33% below HPI |
1997 27 JUN | £60,000 | £84,916 | 29% 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 three 2A MAYLAND AVENUE sales between June 1997 and August 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 February 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
2A MAYLAND AVENUE is 50m² according to the EPC inspection conducted in April 2016. 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 2A MAYLAND AVENUE lies on this distribution: 17% of detached houses are smaller than 2A MAYLAND AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.
2A MAYLAND AVENUE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2A MAYLAND 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 2A MAYLAND 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.
2A MAYLAND AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 2A on MAYLAND AVENUE.