Our Data Sources
5, Lake Way, Clacton-On-Sea has 41 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 5, Lake Way, Clacton-On-Sea would be worth £79,602, with a potential rental value of £494 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £70,504, with a rental value of £438 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
5, Lake Way, Clacton-On-Sea occupies a 188 m2 plot as recorded by HM Land Registry.
Of the 20 other houses in this postcode, 19 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
5, Lake Way, Clacton-On-Sea has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
5, Lake Way, Clacton-On-Sea last changed hands on 25th March 2022, selling for £80,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 139.0% since March 2022.
- Sold Mar 2022£80,000
- Sold Dec 2013£60,000
- Sold Mar 2007£66,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 65 sales of comparable properties within 880 metres of 5, Lake Way, Clacton-On-Sea across the last 2 years.
Most recently, 312, Meadow Way, Clacton-On-Sea, CO15 2HP, a freehold house, sold at £45,000 on the 9th November 2022.
Read more about house prices in CO15.
- Sold Nov 2022£45,000 | 2 Bed House312, Meadow Way, Clacton-On-Sea, CO15 2HP312, Meadow Way, Clacton-On-Sea, CO15 2HP
- Sold May 2021£50,000 | 2 Bed House310, Meadow Way, Clacton-On-Sea, CO15 2HP310, Meadow Way, Clacton-On-Sea, CO15 2HP
- Sold Sep 2016£56,000 | 2 Bed House175, Meadow Way, Clacton-On-Sea, CO15 2HP175, Meadow Way, Clacton-On-Sea, CO15 2HP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5, Lake Way, Clacton-On-Sea as the 19th largest and the 20th most expensive of the 20 addresses on Lake Way, Jaywick, Clacton-On-Sea, CO15.
Against the CO15 postcode district average, it is £154k less expensive than the typical property.
More reading links
Schools Nearby
- Sir Martin Frobisher Academy1.3 km away
- Oakwood Infant and Nursery School2.6 km away
- Alton Park Junior School2.7 km away
- Lift Clacton3.4 km away
- Clacton County High School4.2 km away
- Colne Community School8.1 km away
More reading links
Public Transport Nearby
- Clacton-on-Sea|3.6 km away
- Weeley|8.8 km away
- Thorpe-le-Soken|8.8 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a Low risk of flooding.
