2A, WALNUT TREE WAY, TIPTREE, COLCHESTER, CO5 0NG - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2A WALNUT TREE WAY is a small detached house of 92m², which could now be worth an estimated £347,879. It was last sold for £225,000 in August 2014, which was around 31% below the average August 2014 detached price in the Colchester local authority area. The most recent EPC inspection was February 2010, where the current energy rating was B, and the potential energy rating was B.

2A WALNUT TREE WAY Sold Prices

Land registry data shows three sales for 2A WALNUT TREE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 2A WALNUT TREE WAY 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 29 AUG	£225,000	£324,838	31% below HPI
2012 25 APR	£192,500	£282,292	32% below HPI
2009 16 OCT	£180,000	£267,688	33% below HPI

2A WALNUT TREE WAY 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 three 2A WALNUT TREE WAY sales between October 2009 and August 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 April 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2014 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2A WALNUT TREE WAY be worth now?

2A WALNUT TREE WAY might now be worth an estimated £347,879.

This is based on house price inflation of 54.6%, between August 2014 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.6% inflationary increase is applied to the most recent sale price for 2A WALNUT TREE WAY of £225,000 on 29th August 2014. For the value to have increased from £225,000 to £347,879 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 2A WALNUT TREE WAY has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2A WALNUT TREE WAY has not materially changed since August 2014.

How Large is 2A WALNUT TREE WAY?

2A WALNUT TREE WAY is 92m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% of detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree, and where 2A WALNUT TREE WAY lies on this distribution: 29% of detached houses houses are smaller than 2A WALNUT TREE WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2A WALNUT TREE WAY: Plot and Title Map

2A WALNUT TREE WAY sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2A WALNUT TREE WAY, 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 2A WALNUT TREE WAY). 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 2A WALNUT TREE WAY?

2A WALNUT TREE WAY is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 2A on WALNUT TREE WAY.