34, MARCOS ROAD, CANVEY ISLAND, SS8 7LE - £245,000

34 MARCOS ROAD is a very small detached house of 49m², built sometime between 1950 and 1966. It was last sold for £245,000 in March 2019, which was around 40% below the average March 2019 detached price in the Castle Point local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

34 MARCOS ROAD Sold Prices

Land registry data shows five sales for 34 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 34 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
2019 29 MAR	£245,000	£407,062	40% below HPI
2006 2 MAR	£162,000	£239,619	32% below HPI
2002 16 DEC	£109,995	£203,696	46% below HPI
2002 31 JAN	£87,000	£153,621	43% below HPI
1997 11 DEC	£43,500	£93,626	54% below HPI

34 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 34 MARCOS ROAD sales between December 1997 and March 2019 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 March 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 34 MARCOS ROAD?

34 MARCOS ROAD is 49m² according to the EPC inspection conducted in August 2018. 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 34 MARCOS ROAD lies on this distribution: 16% of detached houses are smaller than 34 MARCOS ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

34 MARCOS ROAD: Plot and Title Map

34 MARCOS ROAD sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 34 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 34 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 34 MARCOS ROAD?

34 MARCOS ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 34 on MARCOS ROAD.