7, FERN WAY, JAYWICK, CLACTON-ON-SEA, CO15 2JB - £66,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 FERN WAY is a small extended detached house of 40m², built sometime between 1950 and 1966, which could now be worth an estimated £63,036. It was last sold for £66,000 in December 2022, which was around 83% below the average December 2022 detached price in the Tendring local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was B.

7 FERN WAY Sold Prices

Land registry data shows two sales for 7 FERN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two 7 FERN 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 2 DEC	£66,000	£396,394	83% below HPI
1998 6 NOV	£16,500	£82,531	80% below HPI

7 FERN 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 two 7 FERN WAY sales from November 1998 and December 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 November 1998 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the December 2022 sale, where it falls to 83% below the HPI. The line then continues to track at 83% below the HPI.

What might 7 FERN WAY be worth now?

7 FERN WAY might now be worth an estimated £63,036.

This is based on house price deflation of 4.5%, between December 2022 and February 2025, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% deflationary decrease is applied to the most recent sale price for 7 FERN WAY of £66,000 on 2nd December 2022. For the value to have decreased from £66,000 to £63,036 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 FERN WAY has moved in line with the HPI for detached houses in the Tendring local authority area.
• The December 2022 sale price of £66,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FERN WAY has not materially changed since December 2022.

How Large is 7 FERN WAY?

7 FERN WAY is 40m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Jaywick, and where 7 FERN WAY lies on this distribution: 21% of detached houses houses are smaller than 7 FERN WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

7 FERN WAY: Plot and Title Map

7 FERN WAY sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 7 FERN 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 7 FERN 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 7 FERN WAY?

7 FERN WAY is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 7 on FERN WAY.