28, RAINBOW ROAD, CANVEY ISLAND, SS8 8AE - £435,000

28 RAINBOW ROAD is a very large extended detached house of 242m², built sometime between 1983 and 1990. It was last sold for £435,000 in June 2014, which was around 55% above the average June 2014 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

28 RAINBOW ROAD Sold Prices

Land registry data shows three sales for 28 RAINBOW ROAD 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 28 RAINBOW ROAD sales were for above 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
2014 3 JUN	£435,000	£280,730	55% above HPI
2007 14 SEP	£415,000	£268,779	54% above HPI
1998 20 FEB	£159,000	£93,603	70% above HPI

28 RAINBOW ROAD 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 28 RAINBOW ROAD sales between February 1998 and June 2014 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 September 2007 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the June 2014 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 28 RAINBOW ROAD?

28 RAINBOW ROAD is 242m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 10% 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 28 RAINBOW ROAD lies on this distribution: 99% of detached houses are smaller than 28 RAINBOW ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

28 RAINBOW ROAD: Plot and Title Map

28 RAINBOW ROAD sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 28 RAINBOW ROAD, 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 28 RAINBOW ROAD). 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 28 RAINBOW ROAD?

28 RAINBOW ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 28 on RAINBOW ROAD.