40, GORSE WAY, JAYWICK, CLACTON-ON-SEA, CO15 2HT - £64,000

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

40 GORSE WAY is a small extended detached house of 45m², built sometime between 1930 and 1949. It was last sold for £64,000 in March 2003, which was around 63% below the average March 2003 detached price in the Tendring local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

40 GORSE WAY Sold Prices

Land registry data shows two sales for 40 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 40 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
2003 27 MAR	£64,000	£172,173	63% below HPI
1998 14 AUG	£19,500	£76,404	74% below HPI

40 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 40 GORSE WAY sales from August 1998 and March 2003 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 August 1998 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the March 2003 sale, where it rises to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is 40 GORSE WAY?

40 GORSE WAY is 45m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses by size in Jaywick, and where 40 GORSE WAY lies on this distribution: 31% of detached houses are smaller than 40 GORSE WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

40 GORSE WAY: Plot and Title Map

40 GORSE WAY sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 40 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 40 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 40 GORSE WAY?

40 GORSE WAY is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 40 on GORSE WAY.