31A, RAINBOW ROAD, CANVEY ISLAND, SS8 8AH - £300,000

31A RAINBOW ROAD is a small extended detached house of 58m², built sometime between 1967 and 1975. It was last sold for £300,000 in December 2021, which was around 36% below the average December 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

31A RAINBOW ROAD Sold Prices

Land registry data shows three sales for 31A RAINBOW ROAD 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 31A RAINBOW 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 15 DEC	£300,000	£471,178	36% below HPI
2007 13 AUG	£179,995	£270,158	33% below HPI
2006 31 JUL	£133,500	£246,877	46% below HPI

31A RAINBOW 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 three 31A RAINBOW ROAD sales between July 2006 and December 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 August 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 31A RAINBOW ROAD?

31A RAINBOW ROAD is 58m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% 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 31A RAINBOW ROAD lies on this distribution: 27% of detached houses are smaller than 31A RAINBOW ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

31A RAINBOW ROAD: Plot and Title Map

31A RAINBOW ROAD sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 31A RAINBOW 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 31A RAINBOW 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 31A RAINBOW ROAD?

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