37, TOWER ESTATE, POINT CLEAR BAY, CLACTON-ON-SEA, CO16 8NG - £360,000

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

37 TOWER ESTATE is a very large detached house of 146m², built sometime between 1950 and 1966. It was last sold for £360,000 in January 2022, which was around 5% above the average January 2022 detached price in the Tendring local authority area. The most recent EPC inspection was August 2019, where the current energy rating was F, and the potential energy rating was D.

37 TOWER ESTATE Sold Prices

Land registry data shows two sales for 37 TOWER ESTATE 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. One of the two 37 TOWER ESTATE sales was for above the average price, whilst the other was 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
2022 20 JAN	£360,000	£344,002	5% above HPI
2018 14 SEP	£195,000	£303,397	36% below HPI

37 TOWER ESTATE 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 37 TOWER ESTATE sales from September 2018 and January 2022 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 September 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 37 TOWER ESTATE?

37 TOWER ESTATE is 146m² according to the EPC inspection conducted in August 2019. This puts it in the largest 10% 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 37 TOWER ESTATE lies on this distribution: 96% of detached houses are smaller than 37 TOWER ESTATE, and 4% of houses are larger. Note that EPC data is not available for all properties in Point Clear.

37 TOWER ESTATE: Plot and Title Map

37 TOWER ESTATE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 37 TOWER ESTATE, 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 37 TOWER ESTATE). 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 37 TOWER ESTATE?

37 TOWER ESTATE is located in POINT CLEAR BAY, in the CO16 postcode district. The below map shows the position of No. 37 on TOWER ESTATE.