85, GAINSBOROUGH AVENUE, CANVEY ISLAND, SS8 7LX - £315,000

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

85 GAINSBOROUGH AVENUE is a very small extended detached house of 47m², built sometime between 1967 and 1975. It was last sold for £315,000 in February 2023, which was around 37% below the average February 2023 detached price in the Castle Point local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

85 GAINSBOROUGH AVENUE Sold Prices

Land registry data shows four sales for 85 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 85 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
2023 20 FEB	£315,000	£497,031	37% below HPI
2017 27 OCT	£180,000	£407,883	56% below HPI
2015 29 JUN	£178,000	£315,735	44% below HPI
2009 25 SEP	£100,000	£232,804	57% below HPI

85 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 85 GAINSBOROUGH AVENUE sales between September 2009 and February 2023 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 2017 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 85 GAINSBOROUGH AVENUE?

85 GAINSBOROUGH AVENUE is 47m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% 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 85 GAINSBOROUGH AVENUE lies on this distribution: 14% of detached houses are smaller than 85 GAINSBOROUGH AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

85 GAINSBOROUGH AVENUE: Plot and Title Map

85 GAINSBOROUGH AVENUE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 85 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 85 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 85 GAINSBOROUGH AVENUE?

85 GAINSBOROUGH AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 85 on GAINSBOROUGH AVENUE.