47, COLNE WAY, POINT CLEAR BAY, CLACTON-ON-SEA, CO16 8LL - £80,000

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

47 COLNE WAY is a midsized detached house of 55m², built sometime between 1950 and 1966. It was last sold for £80,000 in January 2022, which was around 77% below the average January 2022 detached price in the Tendring local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

47 COLNE WAY Sold Prices

Land registry data shows four sales for 47 COLNE 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 47 COLNE 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
2022 12 JAN	£80,000	£344,002	77% below HPI
2009 1 JUN	£49,000	£185,804	74% below HPI
2006 26 SEP	£76,000	£212,436	64% below HPI
1999 9 DEC	£21,000	£93,301	77% below HPI

47 COLNE 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 47 COLNE WAY sales between December 1999 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 June 2009 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the January 2022 sale, where it falls to 77% below the HPI. The line then continues to track at 77% below the HPI.

How Large is 47 COLNE WAY?

47 COLNE WAY is 55m² according to the EPC inspection conducted in June 2019. This puts it in the largest 50% 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 47 COLNE WAY lies on this distribution: 45% of detached houses are smaller than 47 COLNE WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Point Clear.

47 COLNE WAY: Plot and Title Map

47 COLNE WAY sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 47 COLNE 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 47 COLNE 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 47 COLNE WAY?

47 COLNE WAY is located in POINT CLEAR BAY, in the CO16 postcode district. The below map shows the position of No. 47 on COLNE WAY.