57, TOWER ESTATE, POINT CLEAR BAY, CLACTON-ON-SEA, CO16 8NG - £74,000

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

57 TOWER ESTATE is a very small detached house of 36m², built sometime between 1950 and 1966. It was last sold for £74,000 in September 2023, which was around 80% below the average September 2023 detached price in the Tendring local authority area. The most recent EPC inspection was April 2024, where the current energy rating was G, and the potential energy rating was A.

57 TOWER ESTATE Sold Prices

Land registry data shows three sales for 57 TOWER ESTATE 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 57 TOWER ESTATE 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
2023 18 SEP	£74,000	£365,374	80% below HPI
2014 8 MAY	£25,500	£208,484	88% below HPI
2003 15 SEP	£15,000	£176,791	92% below HPI

57 TOWER ESTATE 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 57 TOWER ESTATE sales between September 2003 and September 2023 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 May 2014 sale was for 88% below the HPI. So the extrapolation line tracks at 88% below the HPI over time, until the September 2023 sale, where it rises to 80% below the HPI. The line then continues to track at 80% below the HPI.

How Large is 57 TOWER ESTATE?

57 TOWER ESTATE is 36m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% 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 57 TOWER ESTATE lies on this distribution: 5% of detached houses are smaller than 57 TOWER ESTATE, and 95% of houses are larger. Note that EPC data is not available for all properties in Point Clear.

57 TOWER ESTATE: Plot and Title Map

57 TOWER ESTATE sits on a plot of roughly 0.013 of an acre, or 52m². The below map shows the location of 57 TOWER ESTATE, 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 57 TOWER ESTATE). 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 57 TOWER ESTATE?

57 TOWER ESTATE is located in POINT CLEAR BAY, in the CO16 postcode district. The below map shows the position of No. 57 on TOWER ESTATE.