3, ELDERSTEP AVENUE, CANVEY ISLAND, SS8 8NP - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 ELDERSTEP AVENUE is a small semi-detached house of 55m², built sometime between 1930 and 1949, which could now be worth an estimated £300,941. It was last sold for £160,000 in January 2012, which was around 11% below the average January 2012 semi-detached price in the Castle Point local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

3 ELDERSTEP AVENUE Sold Prices

Land registry data shows three sales for 3 ELDERSTEP AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Castle Point local authority area for the corresponding sale date. All of the three 3 ELDERSTEP 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
2012 25 JAN	£160,000	£180,552	11% below HPI
1999 12 OCT	£71,000	£74,069	4% below HPI
1998 26 AUG	£59,995	£66,096	9% below HPI

3 ELDERSTEP AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Castle Point local authority area over time, sourced from the HPI. The three 3 ELDERSTEP AVENUE sales between August 1998 and January 2012 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 October 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 ELDERSTEP AVENUE be worth now?

3 ELDERSTEP AVENUE might now be worth an estimated £300,941.

This is based on house price inflation of 88.1%, between January 2012 and February 2025, for semi-detached houses, in the Castle Point local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 88.1% inflationary increase is applied to the most recent sale price for 3 ELDERSTEP AVENUE of £160,000 on 25th January 2012. For the value to have increased from £160,000 to £300,941 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 ELDERSTEP AVENUE has moved in line with the HPI for semi-detached houses in the Castle Point local authority area.
• The January 2012 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELDERSTEP AVENUE has not materially changed since January 2012.

How Large is 3 ELDERSTEP AVENUE?

3 ELDERSTEP AVENUE is 55m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of semi-detached houses houses in Canvey Island, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Canvey Island, and where 3 ELDERSTEP AVENUE lies on this distribution: 25% of semi-detached houses houses are smaller than 3 ELDERSTEP AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

3 ELDERSTEP AVENUE: Plot and Title Map

3 ELDERSTEP AVENUE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 3 ELDERSTEP 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 3 ELDERSTEP 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 3 ELDERSTEP AVENUE?

3 ELDERSTEP AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 3 on ELDERSTEP AVENUE.