FAIRLANDS, WEELEY ROAD, LITTLE CLACTON, CLACTON-ON-SEA, CO16 9EU - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FAIRLANDS is a very large extended detached house of 258m², built sometime between 1983 and 1990, which could now be worth an estimated £578,775. It was last sold for £395,000 in February 2016, which was around 53% above the average February 2016 detached price in the Tendring local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

FAIRLANDS Sold Prices

Land registry data shows two sales for FAIRLANDS 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 FAIRLANDS 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
2016 18 FEB	£395,000	£259,001	53% above HPI
2012 20 AUG	£340,000	£218,100	56% above HPI

FAIRLANDS 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 FAIRLANDS sales from August 2012 and February 2016 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 2012 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2016 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might FAIRLANDS be worth now?

FAIRLANDS might now be worth an estimated £578,775.

This is based on house price inflation of 46.5%, between February 2016 and March 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 46.5% inflationary increase is applied to the most recent sale price for FAIRLANDS of £395,000 on 18th February 2016. For the value to have increased from £395,000 to £578,775 over the eight years and eleven months to March 2025, the following assumptions must hold true:

• The value of FAIRLANDS has moved in line with the HPI for detached houses in the Tendring local authority area.
• The February 2016 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRLANDS has not materially changed since February 2016.

How Large is FAIRLANDS?

FAIRLANDS is 258m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 10% of detached houses houses in Little Clacton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Clacton, and where FAIRLANDS lies on this distribution: 98% of detached houses houses are smaller than FAIRLANDS, and 2% of houses are larger. Note that EPC data is not available for all properties in Little Clacton.

FAIRLANDS: Plot and Title Map

FAIRLANDS sits on a plot of roughly 0.226 of an acre, or 916m². The below map shows the location of FAIRLANDS, 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 FAIRLANDS). 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 FAIRLANDS?

FAIRLANDS is located on WEELEY ROAD in LITTLE CLACTON, in the CO16 postcode district. The below map shows the position of FAIRLANDS on WEELEY ROAD.