8, RAYMENT AVENUE, CANVEY ISLAND, SS8 7JU - £340,000

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 RAYMENT AVENUE is a large detached house of 100m², built sometime between 2003 and 2006. It was last sold for £340,000 in October 2009, which was around 43% above the average October 2009 detached price in the Castle Point local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

8 RAYMENT AVENUE Sold Prices

Land registry data shows three sales for 8 RAYMENT 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. Two of the three 8 RAYMENT AVENUE sales were for above the average price, whilst one was 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
2009 30 OCT	£340,000	£237,357	43% above HPI
2003 14 FEB	£250,000	£207,500	20% above HPI
2001 17 JAN	£130,000	£137,991	6% below HPI

8 RAYMENT 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 RAYMENT AVENUE sales between January 2001 and October 2009 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 February 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2009 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 8 RAYMENT AVENUE?

8 RAYMENT AVENUE is 100m² according to the EPC inspection conducted in March 2009. This puts it in the largest 40% 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 RAYMENT AVENUE lies on this distribution: 60% of detached houses are smaller than 8 RAYMENT AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

8 RAYMENT AVENUE: Plot and Title Map

8 RAYMENT AVENUE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 8 RAYMENT 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 RAYMENT 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 RAYMENT AVENUE?

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