16, NEW WAY, POINT CLEAR BAY, CLACTON-ON-SEA, CO16 8LU - £42,000

16 NEW WAY is a midsized extended detached house of 58m², built sometime between 1930 and 1949. It was last sold for £42,000 in October 1999, which was around 52% below the average October 1999 detached price in the Tendring local authority area. The most recent EPC inspection was November 2023, where the current energy rating was F, and the potential energy rating was C.

16 NEW WAY Sold Prices

Land registry data shows two sales for 16 NEW WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two 16 NEW WAY 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
1999 11 OCT	£42,000	£87,223	52% below HPI
1995 25 AUG	£30,000	£66,046	55% below HPI

16 NEW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 16 NEW WAY sales from August 1995 and October 1999 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 1995 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the October 1999 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 16 NEW WAY?

16 NEW WAY is 58m², which includes three extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 50% of detached houses in Point Clear, based on EPC data. The below chart shows the distribution of detached houses by size in Point Clear, and where 16 NEW WAY lies on this distribution: 53% of detached houses are smaller than 16 NEW WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Point Clear.

16 NEW WAY: Plot and Title Map

16 NEW WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 16 NEW WAY, 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 16 NEW WAY). 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 16 NEW WAY?

16 NEW WAY is located in POINT CLEAR BAY, in the CO16 postcode district. The below map shows the position of No. 16 on NEW WAY.