OMEGA HOUSE, CHAPEL ROAD, BEAUMONT, CLACTON-ON-SEA, CO16 0AR - £350,000

OMEGA HOUSE is a midsized extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £350,000 in April 2019, which was around 22% above the average April 2019 detached price in the Tendring local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was A.

OMEGA HOUSE Sold Prices

Land registry data shows two sales for OMEGA HOUSE 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. One of the two OMEGA HOUSE sales was for above the average price, whilst the other was 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
2019 9 APR	£350,000	£286,919	22% above HPI
2002 30 APR	£125,000	£134,095	7% below HPI

OMEGA HOUSE 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 OMEGA HOUSE sales from April 2002 and April 2019 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 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2019 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is OMEGA HOUSE?

OMEGA HOUSE is 138m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Beaumont, based on EPC data. The below chart shows the distribution of detached houses by size in Beaumont, and where OMEGA HOUSE lies on this distribution: 58% of detached houses are smaller than OMEGA HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Beaumont.

OMEGA HOUSE: Plot and Title Map

OMEGA HOUSE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of OMEGA HOUSE, 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 OMEGA HOUSE). 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 OMEGA HOUSE?

OMEGA HOUSE is located on CHAPEL ROAD in BEAUMONT, in the CO16 postcode district. The below map shows the position of OMEGA HOUSE on CHAPEL ROAD.