43, GORSE WAY, JAYWICK, CLACTON-ON-SEA, CO15 2HU - £75,000

43 GORSE WAY is a small extended detached house of 45m², built sometime between 1930 and 1949. It was last sold for £75,000 in February 2015, which was around 67% below the average February 2015 detached price in the Tendring local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

43 GORSE WAY Sold Prices

Land registry data shows four sales for 43 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 43 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 19 FEB	£75,000	£227,372	67% below HPI
2008 21 FEB	£93,000	£240,200	61% below HPI
2003 14 JAN	£55,000	£167,856	67% below HPI
1999 29 MAR	£30,995	£78,584	61% below HPI

43 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 43 GORSE WAY sales between March 1999 and February 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 2008 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the February 2015 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is 43 GORSE WAY?

43 GORSE WAY is 45m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% of detached houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses by size in Jaywick, and where 43 GORSE WAY lies on this distribution: 31% of detached houses are smaller than 43 GORSE WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

43 GORSE WAY: Plot and Title Map

43 GORSE WAY sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 43 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 43 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 43 GORSE WAY?

43 GORSE WAY is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 43 on GORSE WAY.