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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

37A RAINBOW ROAD is a large detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £406,062. It was last sold for £220,000 in June 2012, which was around 12% 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	£251,074	12% below HPI
2010 30 APR	£219,000	£258,813	15% below HPI
2005 26 AUG	£195,000	£232,296	16% below HPI
2000 1 DEC	£115,000	£132,653	13% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2012 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 37A RAINBOW ROAD be worth now?

37A RAINBOW ROAD might now be worth an estimated £406,062.

This is based on house price inflation of 84.6%, between June 2012 and February 2025, for detached houses, in the Castle Point local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.6% inflationary increase is applied to the most recent sale price for 37A RAINBOW ROAD of £220,000 on 22nd June 2012. For the value to have increased from £220,000 to £406,062 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 37A RAINBOW ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The June 2012 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 37A RAINBOW ROAD has not materially changed since June 2012.

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 houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses houses by size in Canvey Island, and where 37A RAINBOW ROAD lies on this distribution: 64% of detached houses 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.