27, COLNE WAY, POINT CLEAR BAY, CLACTON-ON-SEA, CO16 8LL - £58,000

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

27 COLNE WAY is a small extended detached house of 52m², built sometime between 1976 and 1982. It was last sold for £58,000 in April 2019, which was around 80% below the average April 2019 detached price in the Tendring local authority area. The most recent EPC inspection was October 2013, where the current energy rating was F, and the potential energy rating was B.

27 COLNE WAY Sold Prices

Land registry data shows three sales for 27 COLNE 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 27 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
2019 1 APR	£58,000	£286,919	80% below HPI
2006 16 NOV	£90,000	£218,332	59% below HPI
1998 16 JUN	£10,000	£74,492	87% below HPI

27 COLNE 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 27 COLNE WAY sales between June 1998 and April 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 November 2006 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the April 2019 sale, where it falls to 80% below the HPI. The line then continues to track at 80% below the HPI.

How Large is 27 COLNE WAY?

27 COLNE WAY is 52m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% 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 27 COLNE WAY lies on this distribution: 36% of detached houses are smaller than 27 COLNE WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Point Clear.

27 COLNE WAY: Plot and Title Map

27 COLNE WAY sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 27 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 27 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.

Where is 27 COLNE WAY?

27 COLNE WAY is located in POINT CLEAR BAY, in the CO16 postcode district. The below map shows the position of No. 27 on COLNE WAY.