40, THE CLOSE, JAYWICK, CLACTON-ON-SEA, CO15 2RR - £265,000

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 THE CLOSE is a very large extended detached house of 212m², built sometime between 1930 and 1949. It was last sold for £265,000 in February 2016, which was around 8% above the average February 2016 detached price in the Tendring local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

40 THE CLOSE Sold Prices

Land registry data shows three sales for 40 THE CLOSE 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 40 THE CLOSE sales were for above 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
2016 1 FEB	£265,000	£245,219	8% above HPI
2007 19 DEC	£370,000	£236,367	57% above HPI
1997 18 JUL	£81,050	£69,214	17% above HPI

40 THE CLOSE 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 40 THE CLOSE sales between July 1997 and February 2016 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 December 2007 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 40 THE CLOSE?

40 THE CLOSE is 212m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 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 40 THE CLOSE lies on this distribution: More than 99% of detached houses are smaller than 40 THE CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

40 THE CLOSE: Plot and Title Map

40 THE CLOSE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 40 THE CLOSE, 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 THE CLOSE). 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 THE CLOSE?

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