38, GORSE WAY, JAYWICK, CLACTON-ON-SEA, CO15 2HT - £92,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 GORSE WAY is a very small extended detached house of 35m², built sometime between 1950 and 1966. It was last sold for £92,500 in December 2005, which was around 55% below the average December 2005 detached price in the Tendring local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

38 GORSE WAY Sold Prices

Land registry data shows four sales for 38 GORSE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the four 38 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
2005 8 DEC	£92,500	£205,925	55% below HPI
2003 31 JUL	£65,000	£174,844	63% below HPI
2003 15 APR	£39,000	£172,569	77% below HPI
2001 5 JUL	£29,500	£115,539	74% below HPI

38 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 four 38 GORSE WAY sales between July 2001 and December 2005 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 July 2003 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the December 2005 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 38 GORSE WAY?

38 GORSE WAY is 35m², which includes two extensions, according to the EPC inspection conducted in September 2019. 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 38 GORSE WAY lies on this distribution: 11% of detached houses are smaller than 38 GORSE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

38 GORSE WAY: Plot and Title Map

38 GORSE WAY sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 38 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 38 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 38 GORSE WAY?

38 GORSE WAY is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 38 on GORSE WAY.