26, GORSE LANE, TIPTREE, COLCHESTER, CO5 0AH - £319,000

26 GORSE LANE is a large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £319,000 in January 2014, which was around 5% above the average January 2014 detached price in the Colchester local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

26 GORSE LANE Sold Prices

Land registry data shows four sales for 26 GORSE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the four 26 GORSE LANE sales were for above 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 27 JAN	£319,000	£304,941	5% above HPI
2011 25 AUG	£300,000	£285,675	5% above HPI
2001 2 FEB	£163,000	£151,676	7% above HPI
1999 10 SEP	£108,500	£123,279	12% below HPI

26 GORSE LANE 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 four 26 GORSE LANE sales between September 1999 and January 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 August 2011 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2014 sale, which was also at 5% above the HPI.

How Large is 26 GORSE LANE?

26 GORSE LANE is 148m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 30% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 26 GORSE LANE lies on this distribution: 78% of detached houses are smaller than 26 GORSE LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

26 GORSE LANE: Plot and Title Map

26 GORSE LANE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 26 GORSE LANE, 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 26 GORSE LANE). 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 26 GORSE LANE?

26 GORSE LANE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 26 on GORSE LANE.