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
13 COLNE WAY is a small extended detached house of 49m², built sometime between 1976 and 1982. It was last sold for £52,000 in October 2016, which was around 80% below the average October 2016 detached price in the Tendring local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 13 COLNE WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the four 13 COLNE 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 |
---|---|---|---|
2016 26 OCT | £52,000 | £264,262 | 80% below HPI |
2008 15 JUL | £55,000 | £233,746 | 76% below HPI |
2003 18 DEC | £30,000 | £187,599 | 84% below HPI |
2002 31 MAY | £28,000 | £139,050 | 80% below HPI |
The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The four 13 COLNE WAY sales between May 2002 and October 2016 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 2008 sale was for 76% below the HPI. So the extrapolation line tracks at 76% below the HPI over time, until the October 2016 sale, where it falls to 80% below the HPI. The line then continues to track at 80% below the HPI.
13 COLNE WAY is 49m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% 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 13 COLNE WAY lies on this distribution: 28% of detached houses are smaller than 13 COLNE WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Point Clear.
13 COLNE WAY sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 13 COLNE 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 13 COLNE 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.
13 COLNE WAY is located in POINT CLEAR BAY, in the CO16 postcode district. The below map shows the position of No. 13 on COLNE WAY.