31, MARCOS ROAD, CANVEY ISLAND, SS8 7LD - £200,000

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.

31 MARCOS ROAD is a very small detached house of 37m², built sometime between 1950 and 1966, which could now be worth an estimated £219,605. It was last sold for £200,000 in April 2021, which was around 53% below the average April 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

31 MARCOS ROAD Sold Prices

Land registry data shows five sales for 31 MARCOS ROAD 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. All of the five 31 MARCOS ROAD 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
2021 16 APR	£200,000	£422,045	53% below HPI
2016 9 SEP	£182,500	£364,862	50% below HPI
2002 10 SEP	£89,000	£181,732	51% below HPI
2000 12 OCT	£62,000	£130,975	53% below HPI
1995 15 DEC	£30,500	£79,395	62% below HPI

31 MARCOS ROAD 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 31 MARCOS ROAD sales between December 1995 and April 2021 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 September 2016 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2021 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 31 MARCOS ROAD be worth now?

31 MARCOS ROAD might now be worth an estimated £219,605.

This is based on house price inflation of 9.8%, between April 2021 and February 2025, for 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 9.8% inflationary increase is applied to the most recent sale price for 31 MARCOS ROAD of £200,000 on 16th April 2021. For the value to have increased from £200,000 to £219,605 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 31 MARCOS ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The April 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MARCOS ROAD has not materially changed since April 2021.

How Large is 31 MARCOS ROAD?

31 MARCOS ROAD is 37m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses houses by size in Canvey Island, and where 31 MARCOS ROAD lies on this distribution: 3% of detached houses houses are smaller than 31 MARCOS ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

31 MARCOS ROAD: Plot and Title Map

31 MARCOS ROAD sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 31 MARCOS ROAD, 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 31 MARCOS ROAD). 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 31 MARCOS ROAD?

31 MARCOS ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 31 on MARCOS ROAD.