12, SPENSER WAY, JAYWICK, CLACTON-ON-SEA, CO15 2QX - £190,000

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

12 SPENSER WAY is a large detached house of 66m², built sometime between 1950 and 1966. It was last sold for £190,000 in March 2019, which was around 34% below the average March 2019 detached price in the Tendring local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

12 SPENSER WAY Sold Prices

Land registry data shows two sales for 12 SPENSER 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 12 SPENSER 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
2019 22 MAR	£190,000	£288,791	34% below HPI
2005 8 JUL	£153,000	£204,386	25% below HPI

12 SPENSER 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 12 SPENSER WAY sales from July 2005 and March 2019 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 July 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 12 SPENSER WAY?

12 SPENSER WAY is 66m² according to the EPC inspection conducted in November 2013. This puts it in the largest 40% of detached houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses by size in Jaywick, and where 12 SPENSER WAY lies on this distribution: 62% of detached houses are smaller than 12 SPENSER WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

12 SPENSER WAY: Plot and Title Map

12 SPENSER WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 12 SPENSER 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 12 SPENSER 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 12 SPENSER WAY?

12 SPENSER WAY is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 12 on SPENSER WAY.