37A, RAINBOW ROAD, CANVEY ISLAND, SS8 8AH - £220,000

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

37A RAINBOW ROAD is a large detached house of 106m², built sometime between 1967 and 1975. It was last sold for £220,000 in June 2012, which was around 14% below the average June 2012 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

37A RAINBOW ROAD Sold Prices

Land registry data shows four sales for 37A 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. All of the four 37A 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
2012 22 JUN	£220,000	£254,596	14% below HPI
2010 30 APR	£219,000	£262,443	17% below HPI
2005 26 AUG	£195,000	£235,555	17% below HPI
2000 1 DEC	£115,000	£134,513	15% below HPI

37A 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 37A RAINBOW ROAD sales between December 2000 and June 2012 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 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2012 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 37A RAINBOW ROAD?

37A RAINBOW ROAD is 106m² according to the EPC inspection conducted in January 2010. This puts it in the largest 40% 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 37A RAINBOW ROAD lies on this distribution: 64% of detached houses are smaller than 37A RAINBOW ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

37A RAINBOW ROAD: Plot and Title Map

37A RAINBOW ROAD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 37A 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 37A 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 37A RAINBOW ROAD?

37A RAINBOW ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 37A on RAINBOW ROAD.