38A, CRAVEN AVENUE, CANVEY ISLAND, SS8 0BY - £240,000

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

38A CRAVEN AVENUE is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £240,000 in November 2018, which was around 42% below the average November 2018 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

38A CRAVEN AVENUE Sold Prices

Land registry data shows two sales for 38A CRAVEN AVENUE 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 38A CRAVEN AVENUE 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
2018 23 NOV	£240,000	£412,741	42% below HPI
1997 16 JUN	£53,700	£84,916	37% below HPI

38A CRAVEN AVENUE 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 38A CRAVEN AVENUE sales from June 1997 and November 2018 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 June 1997 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 38A CRAVEN AVENUE?

38A CRAVEN AVENUE is 52m² according to the EPC inspection conducted in June 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 38A CRAVEN AVENUE lies on this distribution: 20% of detached houses are smaller than 38A CRAVEN AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

38A CRAVEN AVENUE: Plot and Title Map

38A CRAVEN AVENUE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 38A CRAVEN AVENUE, 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 38A CRAVEN AVENUE). 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 38A CRAVEN AVENUE?

38A CRAVEN AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 38A on CRAVEN AVENUE.