242, MEADOW WAY, JAYWICK, CLACTON-ON-SEA, CO15 2HA - £60,000

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

242 MEADOW WAY is a very small extended detached house of 38m², built sometime between 1930 and 1949. It was last sold for £60,000 in October 2016, which was around 77% below the average October 2016 detached price in the Tendring local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

242 MEADOW WAY Sold Prices

Land registry data shows three sales for 242 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the three 242 MEADOW 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 14 OCT	£60,000	£264,262	77% below HPI
2014 26 MAR	£49,000	£204,706	76% below HPI
1998 25 SEP	£14,000	£77,363	82% below HPI

242 MEADOW 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 three 242 MEADOW WAY sales between September 1998 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 March 2014 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 77% below the HPI. The line then continues to track at 77% below the HPI.

How Large is 242 MEADOW WAY?

242 MEADOW WAY is 38m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses by size in Jaywick, and where 242 MEADOW WAY lies on this distribution: 18% of detached houses are smaller than 242 MEADOW WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

242 MEADOW WAY: Plot and Title Map

242 MEADOW WAY sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 242 MEADOW 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 242 MEADOW 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 242 MEADOW WAY?

242 MEADOW WAY is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 242 on MEADOW WAY.