Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
31B WAAREM AVENUE is a very small extended detached house of 51m², built sometime between 1967 and 1975. It was last sold for £232,500 in November 2020, which was around 45% below the average November 2020 detached price in the Castle Point local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 31B WAAREM AVENUE since 1st 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 31B 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 |
---|---|---|---|
2020 20 NOV | £232,500 | £422,853 | 45% below HPI |
2002 15 NOV | £107,000 | £196,145 | 45% below HPI |
2001 6 NOV | £73,500 | £154,414 | 52% below HPI |
The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The three 31B WAAREM AVENUE sales between November 2001 and November 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 2002 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2020 sale, which was also at 45% below the HPI.
31B WAAREM AVENUE is 51m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% 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 31B WAAREM AVENUE lies on this distribution: 18% of detached houses are smaller than 31B WAAREM AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.
31B WAAREM AVENUE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 31B 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 31B 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.
31B WAAREM AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 31B on WAAREM AVENUE.