35A, RAINBOW ROAD, CANVEY ISLAND, SS8 8AH - £205,000

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

35A RAINBOW ROAD is a large detached house of 121m², built sometime between 1967 and 1975. It was last sold for £205,000 in August 2011, which was around 19% below the average August 2011 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

35A RAINBOW ROAD Sold Prices

Land registry data shows two sales for 35A RAINBOW ROAD 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 35A 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
2011 12 AUG	£205,000	£253,238	19% below HPI
2007 31 OCT	£228,000	£273,535	17% below HPI

35A 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 two 35A RAINBOW ROAD sales from October 2007 and August 2011 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 October 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2011 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 35A RAINBOW ROAD?

35A RAINBOW ROAD is 121m² according to the EPC inspection conducted in January 2011. This puts it in the largest 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 35A RAINBOW ROAD lies on this distribution: 75% of detached houses are smaller than 35A RAINBOW ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

35A RAINBOW ROAD: Plot and Title Map

35A RAINBOW ROAD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 35A 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 35A 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 35A RAINBOW ROAD?

35A RAINBOW ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 35A on RAINBOW ROAD.