56, SECOND AVENUE, WEELEY, CLACTON-ON-SEA, CO16 9HX - £157,000

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

56 SECOND AVENUE is a large extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £157,000 in May 2002, which was around 13% above the average May 2002 detached price in the Tendring local authority area. The most recent EPC inspection was September 2014, where the current energy rating was F, and the potential energy rating was B.

56 SECOND AVENUE Sold Prices

Land registry data shows three sales for 56 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 56 SECOND AVENUE 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
2002 14 MAY	£157,000	£139,050	13% above HPI
2001 7 AUG	£152,000	£119,326	27% above HPI
1995 20 OCT	£82,500	£62,135	33% above HPI

56 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 56 SECOND AVENUE sales between October 1995 and May 2002 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 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2002 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 56 SECOND AVENUE?

56 SECOND AVENUE is 130m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses in Weeley, based on EPC data. The below chart shows the distribution of detached houses by size in Weeley, and where 56 SECOND AVENUE lies on this distribution: 72% of detached houses are smaller than 56 SECOND AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Weeley.

56 SECOND AVENUE: Plot and Title Map

56 SECOND AVENUE sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 56 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 56 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 56 SECOND AVENUE?

56 SECOND AVENUE is located in WEELEY, in the CO16 postcode district. The below map shows the position of No. 56 on SECOND AVENUE.