3, FIRST AVENUE, WEELEY, CLACTON-ON-SEA, CO16 9HL - £153,000

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.

3 FIRST AVENUE is a small semi-detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £255,334. It was last sold for £153,000 in February 2012, which was around 1% above the average February 2012 semi-detached price in the Tendring local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

3 FIRST AVENUE Sold Prices

Land registry data shows three sales for 3 FIRST AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Tendring local authority area for the corresponding sale date. All of the three 3 FIRST AVENUE 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
2012 6 FEB	£153,000	£152,012	1% above HPI
2004 22 JAN	£138,000	£133,062	4% above HPI
2001 14 MAY	£82,000	£75,182	9% above HPI

3 FIRST AVENUE 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 three 3 FIRST AVENUE sales between May 2001 and February 2012 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 January 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2012 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 FIRST AVENUE be worth now?

3 FIRST AVENUE might now be worth an estimated £255,334.

This is based on house price inflation of 66.9%, between February 2012 and May 2026, 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 66.9% inflationary increase is applied to the most recent sale price for 3 FIRST AVENUE of £153,000 on 6th February 2012. For the value to have increased from £153,000 to £255,334 over the thirteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 3 FIRST AVENUE has moved in line with the HPI for semi-detached houses in the Tendring local authority area.
• The February 2012 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FIRST AVENUE has not materially changed since February 2012.

How Large is 3 FIRST AVENUE?

3 FIRST AVENUE is 76m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 30% of semi-detached houses houses in Weeley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Weeley, and where 3 FIRST AVENUE lies on this distribution: 23% of semi-detached houses houses are smaller than 3 FIRST AVENUE, and 77% of houses are larger. Note that EPC data is not available for all properties in Weeley.

3 FIRST AVENUE: Plot and Title Map

3 FIRST AVENUE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 3 FIRST AVENUE, 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 3 FIRST AVENUE). 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 3 FIRST AVENUE?

3 FIRST AVENUE is located in WEELEY, in the CO16 postcode district. The below map shows the position of No. 3 on FIRST AVENUE.