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
93A NEW WAY is a very small extended detached house of 44m², built sometime between 1950 and 1966. It was last sold for £72,400 in October 2015, which was around 70% below the average October 2015 detached price in the Tendring local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 93A NEW WAY since 1st 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 93A NEW 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 |
---|---|---|---|
2015 30 OCT | £72,400 | £239,757 | 70% below HPI |
2006 28 FEB | £57,000 | £205,411 | 72% below HPI |
The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 93A NEW WAY sales from February 2006 and October 2015 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 February 2006 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the October 2015 sale, where it rises to 70% below the HPI. The line then continues to track at 70% below the HPI.
93A NEW WAY is 44m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% 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 93A NEW WAY lies on this distribution: 18% of detached houses are smaller than 93A NEW WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Point Clear.
93A NEW WAY sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 93A NEW 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 93A NEW 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.
93A NEW WAY is located in POINT CLEAR BAY, in the CO16 postcode district. The below map shows the position of No. 93A on NEW WAY.