6, NEW WAY, POINT CLEAR BAY, CLACTON-ON-SEA, CO16 8LU - £124,999

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.

6 NEW WAY is a very large extended detached house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £188,876. It was last sold for £124,999 in September 2015, which was around 50% below the average September 2015 detached price in the Tendring local authority area. The most recent EPC inspection was July 2015, where the current energy rating was G, and the potential energy rating was D.

6 NEW WAY Sold Prices

Land registry data shows three sales for 6 NEW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the three 6 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
2015 9 SEP	£124,999	£251,156	50% below HPI
2004 3 AUG	£110,500	£211,461	48% below HPI
2003 17 SEP	£130,000	£186,727	30% below HPI

6 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 three 6 NEW WAY sales between September 2003 and September 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 August 2004 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2015 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 6 NEW WAY be worth now?

6 NEW WAY might now be worth an estimated £188,876.

This is based on house price inflation of 51.1%, between September 2015 and March 2025, 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 51.1% inflationary increase is applied to the most recent sale price for 6 NEW WAY of £124,999 on 9th September 2015. For the value to have increased from £124,999 to £188,876 over the ten years and six months to March 2025, the following assumptions must hold true:

• The value of 6 NEW WAY has moved in line with the HPI for detached houses in the Tendring local authority area.
• The September 2015 sale price of £124,999 represented a fair market value for the property.
• The size, condition, and specification of 6 NEW WAY has not materially changed since September 2015.

How Large is 6 NEW WAY?

6 NEW WAY is 99m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses houses in Point Clear, based on EPC data. The below chart shows the distribution of detached houses houses by size in Point Clear, and where 6 NEW WAY lies on this distribution: 82% of detached houses houses are smaller than 6 NEW WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Point Clear.

6 NEW WAY: Plot and Title Map

6 NEW WAY sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 6 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 6 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 6 NEW WAY?

6 NEW WAY is located in POINT CLEAR BAY, in the CO16 postcode district. The below map shows the position of No. 6 on NEW WAY.