11, MORLEY ROAD, TIPTREE, COLCHESTER, CO5 0AA - £310,000

11 MORLEY ROAD is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £310,000 in February 2017, which was around 25% below the average February 2017 detached price in the Colchester local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

11 MORLEY ROAD Sold Prices

Land registry data shows two sales for 11 MORLEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 11 MORLEY ROAD 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
2017 28 FEB	£310,000	£415,133	25% below HPI
1996 12 APR	£64,000	£88,870	28% below HPI

11 MORLEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 11 MORLEY ROAD sales from April 1996 and February 2017 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 11 MORLEY ROAD?

11 MORLEY ROAD is 81m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 11 MORLEY ROAD lies on this distribution: 19% of detached houses are smaller than 11 MORLEY ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

11 MORLEY ROAD: Plot and Title Map

11 MORLEY ROAD sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of 11 MORLEY ROAD, 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 11 MORLEY ROAD). 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 11 MORLEY ROAD?

11 MORLEY ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 11 on MORLEY ROAD.