4, ELDERSTEP AVENUE, CANVEY ISLAND, SS8 8NP - £365,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 ELDERSTEP AVENUE is a large detached house of 116m², built sometime between 1967 and 1975. It was last sold for £365,000 in January 2022, which was around 22% below the average January 2022 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

4 ELDERSTEP AVENUE Sold Prices

Land registry data shows four sales for 4 ELDERSTEP AVENUE 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 4 ELDERSTEP 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
2022 21 JAN	£365,000	£469,685	22% below HPI
2017 13 DEC	£310,000	£402,382	23% below HPI
2009 18 SEP	£212,000	£232,804	9% below HPI
2000 12 OCT	£85,000	£132,812	36% below HPI

4 ELDERSTEP 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 four 4 ELDERSTEP AVENUE sales between October 2000 and January 2022 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 December 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 ELDERSTEP AVENUE?

4 ELDERSTEP AVENUE is 116m² according to the EPC inspection conducted in October 2017. 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 4 ELDERSTEP AVENUE lies on this distribution: 72% of detached houses are smaller than 4 ELDERSTEP AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

4 ELDERSTEP AVENUE: Plot and Title Map

4 ELDERSTEP AVENUE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 4 ELDERSTEP 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 4 ELDERSTEP 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 4 ELDERSTEP AVENUE?

4 ELDERSTEP AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 4 on ELDERSTEP AVENUE.