66B, MARGRATEN AVENUE, CANVEY ISLAND, SS8 7JE - £275,000

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

66B MARGRATEN AVENUE is a small extended detached house of 58m², built sometime between 1950 and 1966. It was last sold for £275,000 in January 2024, which was around 43% below the average January 2024 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

66B MARGRATEN AVENUE Sold Prices

Land registry data shows three sales for 66B MARGRATEN AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the three 66B 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
2024 23 JAN	£275,000	£482,295	43% below HPI
2004 6 AUG	£157,000	£243,427	36% below HPI
2004 22 JAN	£125,000	£227,688	45% below HPI

66B 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 three 66B MARGRATEN AVENUE sales between January 2004 and January 2024 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 August 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 66B MARGRATEN AVENUE?

66B MARGRATEN AVENUE is 58m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 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 66B MARGRATEN AVENUE lies on this distribution: 27% of detached houses are smaller than 66B MARGRATEN AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

66B MARGRATEN AVENUE: Plot and Title Map

66B MARGRATEN AVENUE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 66B 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 66B 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 66B MARGRATEN AVENUE?

66B MARGRATEN AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 66B on MARGRATEN AVENUE.