55, MARGRATEN AVENUE, CANVEY ISLAND, SS8 7JD - £164,995

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

55 MARGRATEN AVENUE is a very small detached house of 40m², built sometime between 1976 and 1982. It was last sold for £164,995 in April 2015, which was around 46% below the average April 2015 detached price in the Castle Point local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.

55 MARGRATEN AVENUE Sold Prices

Land registry data shows two sales for 55 MARGRATEN 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 55 MARGRATEN 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
2015 30 APR	£164,995	£302,785	46% below HPI
2013 4 OCT	£124,995	£262,574	52% below HPI

55 MARGRATEN 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 55 MARGRATEN AVENUE sales from October 2013 and April 2015 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 October 2013 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the April 2015 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 55 MARGRATEN AVENUE?

55 MARGRATEN AVENUE is 40m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 55 MARGRATEN AVENUE lies on this distribution: 6% of detached houses are smaller than 55 MARGRATEN AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

55 MARGRATEN AVENUE: Plot and Title Map

55 MARGRATEN AVENUE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 55 MARGRATEN 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 55 MARGRATEN 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 55 MARGRATEN AVENUE?

55 MARGRATEN AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 55 on MARGRATEN AVENUE.