88, GORSE WAY, JAYWICK, CLACTON-ON-SEA, CO15 2HT - £73,000

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

88 GORSE WAY is a very small extended detached house of 37m², built sometime between 1950 and 1966. It was last sold for £73,000 in May 2022, which was around 79% below the average May 2022 detached price in the Tendring local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.

88 GORSE WAY Sold Prices

Land registry data shows three sales for 88 GORSE WAY 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 88 GORSE 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 25 MAY	£73,000	£348,128	79% below HPI
1997 8 DEC	£12,000	£69,722	83% below HPI
1996 5 AUG	£9,000	£64,675	86% below HPI

88 GORSE 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 three 88 GORSE WAY sales between August 1996 and May 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 December 1997 sale was for 83% below the HPI. So the extrapolation line tracks at 83% below the HPI over time, until the May 2022 sale, where it rises to 79% below the HPI. The line then continues to track at 79% below the HPI.

How Large is 88 GORSE WAY?

88 GORSE WAY is 37m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses by size in Jaywick, and where 88 GORSE WAY lies on this distribution: 16% of detached houses are smaller than 88 GORSE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

88 GORSE WAY: Plot and Title Map

88 GORSE WAY sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 88 GORSE 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 88 GORSE 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 88 GORSE WAY?

88 GORSE WAY is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 88 on GORSE WAY.