140, NEW WAY, POINT CLEAR BAY, CLACTON-ON-SEA, CO16 8LU - £120,000

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

140 NEW WAY is a small detached house of 49m², built sometime between 1950 and 1966. It was last sold for £120,000 in October 2019, which was around 60% below the average October 2019 detached price in the Tendring local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was F.

140 NEW WAY Sold Prices

Land registry data shows two sales for 140 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 140 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
2019 16 OCT	£120,000	£298,668	60% below HPI
2011 12 MAY	£72,000	£202,036	64% below HPI

140 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 140 NEW WAY sales from May 2011 and October 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 May 2011 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the October 2019 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 140 NEW WAY?

140 NEW WAY is 49m² according to the EPC inspection conducted in June 2010. 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 140 NEW WAY lies on this distribution: 27% of detached houses are smaller than 140 NEW WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Point Clear.

140 NEW WAY: Plot and Title Map

140 NEW WAY sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 140 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 140 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 140 NEW WAY?

140 NEW WAY is located in POINT CLEAR BAY, in the CO16 postcode district. The below map shows the position of No. 140 on NEW WAY.