2, THE PIPPINS, COLCHESTER, CO4 3BJ - £270,000

2 THE PIPPINS is a very small detached house of 76m², built sometime between 2003 and 2006. It was last sold for £270,000 in June 2016, which was around 30% below the average June 2016 detached price in the Colchester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

2 THE PIPPINS Sold Prices

Land registry data shows two sales for 2 THE PIPPINS 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 THE PIPPINS 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
2016 17 JUN	£270,000	£387,332	30% below HPI
2005 31 MAY	£234,000	£266,142	12% below HPI

2 THE PIPPINS 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 THE PIPPINS sales from May 2005 and June 2016 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 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 THE PIPPINS?

2 THE PIPPINS is 76m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2 THE PIPPINS lies on this distribution: 11% of detached houses are smaller than 2 THE PIPPINS, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 THE PIPPINS: Plot and Title Map

2 THE PIPPINS sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 THE PIPPINS, 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 THE PIPPINS). 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 THE PIPPINS?

2 THE PIPPINS is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 2 on THE PIPPINS.