49, SECOND AVENUE, WEELEY, CLACTON-ON-SEA, CO16 9HX - £275,000

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

49 SECOND AVENUE is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £275,000 in August 2021, which was around 15% below the average August 2021 detached price in the Tendring local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was A.

49 SECOND AVENUE Sold Prices

Land registry data shows three sales for 49 SECOND AVENUE 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 49 SECOND AVENUE 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
2021 10 AUG	£275,000	£324,934	15% below HPI
2001 31 AUG	£108,000	£119,326	9% below HPI
1998 10 JUL	£69,950	£76,627	9% below HPI

49 SECOND AVENUE 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 49 SECOND AVENUE sales between July 1998 and August 2021 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 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 49 SECOND AVENUE?

49 SECOND AVENUE is 62m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Weeley, based on EPC data. The below chart shows the distribution of detached houses by size in Weeley, and where 49 SECOND AVENUE lies on this distribution: 6% of detached houses are smaller than 49 SECOND AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Weeley.

49 SECOND AVENUE: Plot and Title Map

49 SECOND AVENUE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 49 SECOND AVENUE, 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 49 SECOND AVENUE). 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 49 SECOND AVENUE?

49 SECOND AVENUE is located in WEELEY, in the CO16 postcode district. The below map shows the position of No. 49 on SECOND AVENUE.