32, RAINBOW ROAD, CANVEY ISLAND, SS8 8AE - £385,000

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

32 RAINBOW ROAD is a very large detached house of 316m², built sometime between 2003 and 2006. It was last sold for £385,000 in April 2014, which was around 42% above the average April 2014 detached price in the Castle Point local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

32 RAINBOW ROAD Sold Prices

Land registry data shows four sales for 32 RAINBOW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. Most of the four 32 RAINBOW ROAD sales were for above 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
2014 23 APR	£385,000	£271,703	42% above HPI
2010 11 NOV	£390,000	£261,818	49% above HPI
2007 2 NOV	£375,000	£275,648	36% above HPI
2003 5 AUG	£123,000	£215,373	43% below HPI

32 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 four 32 RAINBOW ROAD sales between August 2003 and April 2014 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 2010 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the April 2014 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 32 RAINBOW ROAD?

32 RAINBOW ROAD is 316m² according to the EPC inspection conducted in February 2010. This puts it in the largest 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 32 RAINBOW ROAD lies on this distribution: More than 99% of detached houses are smaller than 32 RAINBOW ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

32 RAINBOW ROAD: Plot and Title Map

32 RAINBOW ROAD sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 32 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 32 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 32 RAINBOW ROAD?

32 RAINBOW ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 32 on RAINBOW ROAD.