71, GAINSBOROUGH AVENUE, CANVEY ISLAND, SS8 7LX - £275,000

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

71 GAINSBOROUGH AVENUE is a small extended detached house of 57m², built sometime between 1967 and 1975. It was last sold for £275,000 in August 2020, which was around 33% below the average August 2020 detached price in the Castle Point local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

71 GAINSBOROUGH AVENUE Sold Prices

Land registry data shows four sales for 71 GAINSBOROUGH 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 71 GAINSBOROUGH 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 11 AUG	£275,000	£412,977	33% below HPI
2006 15 NOV	£186,000	£253,624	27% below HPI
2004 5 NOV	£125,000	£243,556	49% below HPI
2001 2 MAR	£75,000	£137,700	46% below HPI

71 GAINSBOROUGH 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 71 GAINSBOROUGH AVENUE sales between March 2001 and August 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 November 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 71 GAINSBOROUGH AVENUE?

71 GAINSBOROUGH AVENUE is 57m², which includes two extensions, according to the EPC inspection conducted in March 2020. 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 71 GAINSBOROUGH AVENUE lies on this distribution: 26% of detached houses are smaller than 71 GAINSBOROUGH AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

71 GAINSBOROUGH AVENUE: Plot and Title Map

71 GAINSBOROUGH AVENUE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 71 GAINSBOROUGH 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 71 GAINSBOROUGH 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 71 GAINSBOROUGH AVENUE?

71 GAINSBOROUGH AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 71 on GAINSBOROUGH AVENUE.