2, ELWIN ROAD, TIPTREE, COLCHESTER, CO5 0HL - £225,000

2 ELWIN ROAD is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £225,000 in February 2014, which was around 27% below the average February 2014 detached price in the Colchester local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was C.

2 ELWIN ROAD Sold Prices

Land registry data shows two sales for 2 ELWIN 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 2 ELWIN 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
2014 25 FEB	£225,000	£306,630	27% below HPI
2012 31 MAY	£220,000	£281,618	22% below HPI

2 ELWIN 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 2 ELWIN ROAD sales from May 2012 and February 2014 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 May 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 ELWIN ROAD?

2 ELWIN ROAD is 72m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 2 ELWIN ROAD lies on this distribution: 9% of detached houses are smaller than 2 ELWIN ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2 ELWIN ROAD: Plot and Title Map

2 ELWIN ROAD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 2 ELWIN 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 2 ELWIN 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 2 ELWIN ROAD?

2 ELWIN ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 2 on ELWIN ROAD.