3, GAINSBOROUGH AVENUE, CANVEY ISLAND, SS8 7LU - £315,000

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

3 GAINSBOROUGH AVENUE is a midsized detached house of 94m², built sometime between 1950 and 1966. It was last sold for £315,000 in December 2020, which was around 27% below the average December 2020 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

3 GAINSBOROUGH AVENUE Sold Prices

Land registry data shows three sales for 3 GAINSBOROUGH 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 3 GAINSBOROUGH 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 DEC	£315,000	£429,073	27% below HPI
1999 1 NOV	£85,500	£111,614	23% below HPI
1997 16 JUN	£72,000	£84,916	15% below HPI

3 GAINSBOROUGH 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 3 GAINSBOROUGH AVENUE sales between June 1997 and December 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 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 GAINSBOROUGH AVENUE?

3 GAINSBOROUGH AVENUE is 94m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% 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 3 GAINSBOROUGH AVENUE lies on this distribution: 55% of detached houses are smaller than 3 GAINSBOROUGH AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

3 GAINSBOROUGH AVENUE: Plot and Title Map

3 GAINSBOROUGH AVENUE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 3 GAINSBOROUGH 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 GAINSBOROUGH 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 GAINSBOROUGH AVENUE?

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