4, GORSE WAY, JAYWICK, CLACTON-ON-SEA, CO15 2HT - £77,000

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.

4 GORSE WAY is a small extended detached house of 41m², built sometime between 1950 and 1966, which could now be worth an estimated £116,228. It was last sold for £77,000 in June 2015, which was around 68% below the average June 2015 detached price in the Tendring local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

4 GORSE WAY Sold Prices

Land registry data shows four sales for 4 GORSE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the four 4 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
2015 22 JUN	£77,000	£240,882	68% below HPI
2014 20 JUL	£78,500	£229,683	66% below HPI
2003 23 MAY	£64,500	£184,394	65% below HPI
2001 4 JUL	£51,000	£122,032	58% below HPI

4 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 four 4 GORSE WAY sales between July 2001 and June 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 July 2014 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the June 2015 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.

What might 4 GORSE WAY be worth now?

4 GORSE WAY might now be worth an estimated £116,228.

This is based on house price inflation of 50.9%, between June 2015 and April 2026, 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 50.9% inflationary increase is applied to the most recent sale price for 4 GORSE WAY of £77,000 on 22nd June 2015. For the value to have increased from £77,000 to £116,228 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 4 GORSE WAY has moved in line with the HPI for detached houses in the Tendring local authority area.
• The June 2015 sale price of £77,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GORSE WAY has not materially changed since June 2015.

How Large is 4 GORSE WAY?

4 GORSE WAY is 41m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Jaywick, and where 4 GORSE WAY lies on this distribution: 23% of detached houses houses are smaller than 4 GORSE WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

4 GORSE WAY: Plot and Title Map

4 GORSE WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 4 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 4 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 4 GORSE WAY?

4 GORSE WAY is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 4 on GORSE WAY.