5, AALTEN AVENUE, CANVEY ISLAND, SS8 7QP - £225,000

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.

5 AALTEN AVENUE is a very small detached house of 42m², built sometime between 1976 and 1982, which could now be worth an estimated £259,763. It was last sold for £225,000 in May 2020, which was around 44% below the average May 2020 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

5 AALTEN AVENUE Sold Prices

Land registry data shows two sales for 5 AALTEN 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 5 AALTEN 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
2020 14 MAY	£225,000	£401,399	44% below HPI
2016 15 JUL	£160,000	£357,051	55% below HPI

5 AALTEN 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 5 AALTEN AVENUE sales from July 2016 and May 2020 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 July 2016 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the May 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 5 AALTEN AVENUE be worth now?

5 AALTEN AVENUE might now be worth an estimated £259,763.

This is based on house price inflation of 15.5%, between May 2020 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 15.5% inflationary increase is applied to the most recent sale price for 5 AALTEN AVENUE of £225,000 on 14th May 2020. For the value to have increased from £225,000 to £259,763 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 5 AALTEN AVENUE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The May 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 AALTEN AVENUE has not materially changed since May 2020.

How Large is 5 AALTEN AVENUE?

5 AALTEN AVENUE is 42m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% 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 5 AALTEN AVENUE lies on this distribution: 8% of detached houses houses are smaller than 5 AALTEN AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

5 AALTEN AVENUE: Plot and Title Map

5 AALTEN AVENUE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 5 AALTEN 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 5 AALTEN 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 5 AALTEN AVENUE?

5 AALTEN AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 5 on AALTEN AVENUE.