31A, WAAREM AVENUE, CANVEY ISLAND, SS8 9DS - £258,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

31A WAAREM AVENUE is a very small detached house of 31m², built sometime between 1950 and 1966. It was last sold for £258,000 in December 2023, which was around 47% below the average December 2023 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

31A WAAREM AVENUE Sold Prices

Land registry data shows two sales for 31A WAAREM AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Both of the two 31A WAAREM 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
2023 8 DEC	£258,000	£485,911	47% below HPI
2018 20 APR	£193,000	£398,072	52% below HPI

31A WAAREM 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 two 31A WAAREM AVENUE sales from April 2018 and December 2023 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 April 2018 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2023 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 31A WAAREM AVENUE?

31A WAAREM AVENUE is 31m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% 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 WAAREM AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 31A WAAREM AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

31A WAAREM AVENUE: Plot and Title Map

31A WAAREM AVENUE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 31A WAAREM 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 31A WAAREM 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 31A WAAREM AVENUE?

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