31, GORSE WAY, JAYWICK, CLACTON-ON-SEA, CO15 2HU - £45,000

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

31 GORSE WAY is a very small detached house of 25m², built sometime between 1950 and 1966. It was last sold for £45,000 in January 2021, which was around 86% below the average January 2021 detached price in the Tendring local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was B.

31 GORSE WAY Sold Prices

Land registry data shows two sales for 31 GORSE 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 31 GORSE 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
2021 7 JAN	£45,000	£315,533	86% below HPI
2005 28 JAN	£40,000	£199,323	80% below HPI

31 GORSE 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 31 GORSE WAY sales from January 2005 and January 2021 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 January 2005 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the January 2021 sale, where it falls to 86% below the HPI. The line then continues to track at 86% below the HPI.

How Large is 31 GORSE WAY?

31 GORSE WAY is 25m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses by size in Jaywick, and where 31 GORSE WAY lies on this distribution: 1% of detached houses are smaller than 31 GORSE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

31 GORSE WAY: Plot and Title Map

31 GORSE WAY sits on a plot of roughly 0.021 of an acre, or 87m². The below map shows the location of 31 GORSE 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 31 GORSE 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 31 GORSE WAY?

31 GORSE WAY is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 31 on GORSE WAY.