8, LILAC AVENUE, CANVEY ISLAND, SS8 8BH - £285,000

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

8 LILAC AVENUE is a midsized extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £285,000 in February 2021, which was around 34% below the average February 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

8 LILAC AVENUE Sold Prices

Land registry data shows three sales for 8 LILAC 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 8 LILAC 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
2021 3 FEB	£285,000	£432,093	34% below HPI
2010 13 AUG	£200,000	£265,925	25% below HPI
2006 14 DEC	£189,000	£252,924	25% below HPI

8 LILAC 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 8 LILAC AVENUE sales between December 2006 and February 2021 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 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 LILAC AVENUE?

8 LILAC AVENUE is 90m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 50% 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 8 LILAC AVENUE lies on this distribution: 52% of detached houses are smaller than 8 LILAC AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

8 LILAC AVENUE: Plot and Title Map

8 LILAC AVENUE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 8 LILAC 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 8 LILAC 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 8 LILAC AVENUE?

8 LILAC AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 8 on LILAC AVENUE.