5, NEW WAY, POINT CLEAR BAY, CLACTON-ON-SEA, CO16 8LU - £30,000

5 NEW WAY is a small extended detached house of 52m², built sometime between 1930 and 1949. It was last sold for £30,000 in January 2000, which was around 68% below the average January 2000 detached price in the Tendring local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

5 NEW WAY Sold Prices

Land registry data shows two sales for 5 NEW WAY 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 5 NEW 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
2000 14 JAN	£30,000	£94,715	68% below HPI
1996 4 APR	£700	£62,631	99% below HPI

5 NEW 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 two 5 NEW WAY sales from April 1996 and January 2000 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 April 1996 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the January 2000 sale, where it rises to 68% below the HPI. The line then continues to track at 68% below the HPI.

How Large is 5 NEW WAY?

5 NEW WAY is 52m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Point Clear, based on EPC data. The below chart shows the distribution of detached houses by size in Point Clear, and where 5 NEW WAY lies on this distribution: 35% of detached houses are smaller than 5 NEW WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Point Clear.

5 NEW WAY: Plot and Title Map

5 NEW WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 5 NEW 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 5 NEW 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 5 NEW WAY?

5 NEW WAY is located in POINT CLEAR BAY, in the CO16 postcode district. The below map shows the position of No. 5 on NEW WAY.