SHANNON, GREEN LANE, WALTON ON THE NAZE, CO14 8HA - £210,000

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.

SHANNON is a very small extended semi-detached house of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £363,130. It was last sold for £210,000 in April 2014, which was around 40% above the average April 2014 semi-detached price in the Tendring local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

SHANNON Sold Prices

Land registry data shows two sales for SHANNON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Tendring local authority area for the corresponding sale date. Both of the two SHANNON 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
2014 11 APR	£210,000	£150,206	40% above HPI
1997 29 AUG	£64,000	£48,649	32% above HPI

SHANNON Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tendring local authority area over time, sourced from the HPI. The two SHANNON sales from August 1997 and April 2014 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 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2014 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might SHANNON be worth now?

SHANNON might now be worth an estimated £363,130.

This is based on house price inflation of 72.9%, between April 2014 and February 2025, for semi-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 72.9% inflationary increase is applied to the most recent sale price for SHANNON of £210,000 on 11th April 2014. For the value to have increased from £210,000 to £363,130 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of SHANNON has moved in line with the HPI for semi-detached houses in the Tendring local authority area.
• The April 2014 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of SHANNON has not materially changed since April 2014.

How Large is SHANNON?

SHANNON is 53m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of semi-detached houses houses in Walton-on-the-Naze, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Walton-on-the-Naze, and where SHANNON lies on this distribution: 1% of semi-detached houses houses are smaller than SHANNON, and 99% of houses are larger. Note that EPC data is not available for all properties in Walton-on-the-Naze.

SHANNON: Plot and Title Map

SHANNON sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of SHANNON, 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 SHANNON). 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 SHANNON?

SHANNON is located on GREEN LANE in WALTON ON THE NAZE, in the CO14 postcode district. The below map shows the position of SHANNON on GREEN LANE.